In 2018 Metinvest purchased 23.71% of Yuzhkoks shares for $30 million.
The group also bought 24.99% of Pokrovskoye mine group and Svyato-Varvarinskaya Processing Factory and 100% in Unisteel for $190 million, the latter owning the galvanizing line with the capacity of 100 thousand tons per year.
“The acquisition of these shares will provide for a long-term supply of coal and coke and strengthen Metinvest self-provision in the key raw materials”, the group CEO Yuri Ryzhenkov said. (Ukrainian metal)