In 2021, Metinvest enterprises produced 9.709 million tons of pig iron, up by 15% YoY. Steel output also grew by 15%, to 9.533 million tons. Manufacture of semi-finished products went up by 3%, to 3.411 million tons, including 1.347 million tons of pig iron (+24%), 1.651 million tons of slabs (-26%) and 413 thousand tons…
In 2021, the Metinvest Group of Companies paid 52.7 billion UAH of taxes to budgets of all levels, up 2.4-fold YoY. This was also the highest amount of taxes paid by the group in its history. Profit tax accounted for 33 billion UAH, up 6-fold. (Ukrainian metal)
The Metinvest group estimates the need of its enterprises in scrap in 2022 on the level of 1.9 million tons. Taking into account the current balance of customers and potential exports, which is expected to be around 150 thousand tons, the group sees the level of procurement at least not below the 2021 level. The…
In 2021, Metinvest enterprises mastered the manufacture of 54 new product types. Most new products appeared in the plate segment (15) and hot-rolled coils (13). There were also new products in the semi-finished steel products segment (11), cold-rolled coils (6), bars (5) and galvanized coils (4). Azovstal developed 9 slabs of new steel grades. Mariupol…
Metinvest intends to increase sales of galvanized rolled metal in Ukraine by 20-25%, to 200 thousand tons per year. In 2022, the growth will amount to some 40 thousand tons. The positive dynamics is expected, in particular, thanks to the growth of sales to manufacturers of rolled metal with polymer coating. The demand for galvanized…
In October 2021, Metinvest B.V. received $1.37 billion of revenue, down by 16.3% YoY. Metal segment revenue amounted to $1.238 billion, down from $1.441 billion in September 2021. EBITDA went down by 40.7%, to $342 million. Debt dropped from $2.245 billion to $2.237 billion. (Ukrainian metal)
In January-September, Metinvest increased exports to Europe 2.5-fold YoY, to $5.21 billion. The share of European countries grew from 27% to 38%. Exports of pellets went up by 53%, semi-finished products – by 39% and rolled metal – by 42%. Sales in Ukraine accounted for 26% of revenue, down by 2%, to $3.5 billion. Revenue…
In January-September, Metinvest enterprises paid 1.023 billion UAH to the city budget of Mariupol. Azovstal, Mariupol Ilyich Iron and Steel Works, Metinvest Promservice LLC and Mariupol Repair-Mechanical Works accounted for 77.5% of payments, or 793.5 million UAH, with the rest paying 229.7 million UAH, or 22.5%. In 15 years of operation the group has paid…