In January-March Metinvest, Ukraine’s largest mining-metallurgical complex, decreased metal raw materials output. In particular, the group of companies decreased coking coal mining by 1.39%, or by 35 thousand tons, to 2537 thousand tons, QoQ, and by 12.39%, or by 359 thousand tons, YoY. Metinvest produced 8820 thousand tons of iron ore concentrate, down by 4.04%,…
In 2013 within the program of strengthening its positions on strategic markets, Metinvest Holding increased the range of its metal wares by 30 products, which allowed the company to expand the range of its customers and create additional sales opportunities. This resulted in sales increase by 37% on the markets of Middle East and Northern…
Iraq allowed Metinvest group of companies to supply large diameter pipes. The Iraqi state South Oil Company has finished the technical audit of Azovstal Iron and Steel Works and Khartsyzsk Pipe Works. According to the group of companies statement, this was the final qualification step, and now Metinvest is among the suppliers of large diameter…
In 2013 metal companies of Metinvest group started producing 33 new types of wares. Several companies of the group introduced new goods: Yenakievo Iron and Steel Works, Azovstal Iron and Steel Works, Mariupol Ilyich Iron and Steel Works and Promet Steel (Bulgaria). Among the new wares are the rolled squares with 10-20 mm thickness, sections…
Ukrzaliznychpostach, the State enterprise of railroad transport provision, chose Metinvest-Ukraine, a Metinvest group company specializing in wholesale in Ukraine and CIS (except for Russia), to supply rails and rail fasteners for 1187.123 million UAH. The offer was accepted on December 24th, 2013, the contract is to be concluded by January 23rd. The products are to…
The Ukrainian mining and steel producing group Metinvest has stated that it has signed a contract with Italy’s Termokimik Corporation, a leading producer of environmental equipment for industrial companies, to develop the basic engineering to upgrade the sinter plant at its subsidiary Mariupol Ilyich Iron & Steel Works (MMKI). Total investment in the project will…
The Ukrainian mining and steel producing group Metinvest has announced its results for the first half of 2013. In the given period Metinvest’s net profit amounted to $443 million, rising by 31% compared to the same period of the previous year. The company’s sales decreased by 3% year on year to $6.5 billion, mainly due…
Ukrainian mining and steel producing group Metinvest has announced that its crude steel production increased by 2% to 3.2 million tons in the third quarter compared to the previous quarter. In the first nine months of the current year Metinvest produced 9.44 million tons of crude steel, down by 1% year on year. In addition,…
