Metinvest B.V. (the Netherlands), the parent’s company of the international vertically integrated mining and metal company Metinvest, has announced that it has completed the final drawdown under a EUR 25 million 10-year buyer credit facility covered by Euler Hermes Deutschland AG, the German export credit insurance agency (the ECA).
Dneprodzerzhinsk By-Product Coke Works (DKKHZ), owned by Evraz, is now managed by Rinat Akhmetov’s Metinvest.
In January-June Metinvest companies paid 7.4 billion UAH of taxes.
The main coke plant of Ukraine’s largest steel producer, Metinvest, is on the verge of halting output after heavy shelling overnight damaged power lines, the company said.
Metinvest Group has sent additional 10 million UAH to rebuild Avdiivka, suffering from almost constant shelling.
Metinvest Group states that as of July 20 Ukraine owes its Severniy Mining and Processing Works and Central Mining and Processing Works (both in Kriviy Rih) 529.86 million UAH for VAT-reimbursement.
Metinvest and Modul-Ukraina have concluded a long-term contract to develop the polymer-coated coils market.
Metinvest Group has opened a trade representative in Poland – Metinvest Polska.