Metinvest Group can increase exports of metal products to the USA after the latter’s decision to temporarily cancel the 25% duty on steel. Still, there are trade limitations in the USA on almost all rolled metal produced in Ukraine (hot-rolled coils, plates, rods, welded pipes, seamless pipes, rebars, wire rod and wire). “That is why…
Since February 24, the Metinvest Group has spent UAH 1.176 billion on projects of aid to Ukraine. The main task of the humanitarian initiative was the purchase and delivery of humanitarian cargo, in particular, food from Europe to Ukraine. In 2 months, almost 30 thousand people received this aid. Thanks to charitable contributions from almost…
156 people have been evacuated from Azovstal to Zaporozhye. Yet, hundreds of civilians remain blocked at the plant. Metinvest will provide for the necessary help for those evacuated from its Mariupol plant. “156 people stayed in the Azovstal shelters for almost 2 months. They say, that hundreds of people remain there, mostly women and children.…
Metinvest is preparing lawsuits against Russia for the destruction of Azovstal and Mariupol Ilyich Iron and Steel Works. The estimated amount of lawsuits is $10 billion. “The pre-war capitalization of our plants was $10 billion. We are preparing lawsuits to make Russia pay for all the damages inflicted,” Metinvest main shareholder Rinat Akhmetov has said.…
Almost all the Metinvest-SMC servicing metal centers have resumed operation after a forced delay. In particular, the center in Lviv with the size of 5 thousand square meters, that opened a month before the war, found itself in the middle of hectic sales. “The center has increased sales to local customers, as well as clients…
Metinvest continues employing its specialists who have lost their jobs and houses because of the Russian invasion and had to relocate to the unoccupied territory of Ukraine. The group has around 4 thousand jobs in Pokrovsk, Kamenskoye, Zaporzhye and Kriviy Rih. The employees will also be provided with housing, food and clothes. For example, Andrei…
Metinvest will supply 90 thousand bulletproof vests to the Ukrainian defenders. In particular, 10 thousand vests will be purchased abroad, while for the manufacture of 80 thousand vests 900 tons of special steel will be provided. The company has started producing steel, from which plates with the thickness of 8 mm are made according to…
Metinvest has started supplying its own coal to ArcelorMittal Kriviy Rih. “These are trial batches. We have never used their coal before. It has certain peculiarities, which affect coke quality. So we need a new recipe, which we are developing. Metinvest will take excess coke from us, as due to war they can no longer…
