Metinvest

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See also: List of SCM Group subsidiaries
Metinvest
Private corporation (subsidiary of SCM Group)
Industry mining and metals
Founded June 6, 2006 (2006-06-06)
Headquarters Donetsk, Ukraine
Key people
 Yuriy Ryzhenkov (CEO)
Sergey Novikov (CFO)
Dmitriy Nikolayenko (Sales director)
Igor Kirilyuk (CCO)
Products iron ore concentrate and pellets, steel plate, HRC, CRC, long products, track materials, tubular products
Revenue $9.358 billion
$437 million
Owner SCM Holdings (71.25%)
Smart Group (23.75%)
Parent Metinvest B.V.
Divisions Mining division, Metallurgical division
Subsidiaries ~25 companies (see article)
Website www.metinvestholding.com/en

Metinvest is a Ukraine-based holding company of mining and steel assets. It was established on 6 June 2006 by the SCM Holdings[1][2][3] and is owned by Rinat Akhmetov.

Domestic market share

It controls 50% of the iron ore market, 46% of the baking coal market and 40% of the metal products market.[4]

Management

The major shareholders of Metinvest Group are SCM Holdings, controlled by Rinat Akhmetov, (71,24%), Smart Holding Group (23.76%[5]) and Clarandale Limited (5%).[2] Starting from 2013 Yuriy Ryzhenkov has been Metinvest's General Director and Chief Executive Officer, Chairman of Executive Committee.[6]

Structure

Mining

Steel-making

  • Azovstal Steel Plant[11][12][13]
  • Ilyich Iron and Steel Works
  • Yenakiyevo Steel Plant[14][15]
  • Khartsyzsk Pipe Plant[16][17]
  • Promet Steel AD[18][19]
  • Ferriera Valsider [20]
  • Metinvest Trametal[21]
  • Spartan UK [22]
  • Avdiivka Coke and Chemicals Plant[23]
  • Inkor Chemicals
  • Metinvest-Resource[24]
  • Prometey

Logistics

  • Skif Shipping[25]
  • Metinvest International S.A.[26]
  • Danube Shipping Stevedoring Company
  • Metinvest Eurasia
  • Metinvest-Ukraine
  • Metinvest SMC

Metinvest comprises 24 assets, located in Ukraine, Europe, the USA:

Metinvest is managing each link of the production chain – iron ore and coal mining and coke production through to semi-finished and finished steel production; including the manufacturing of plate and coil, pipe rolling, shapes and bars and other value-added products.[28] Metinvest employs over 80,000 people.[2]

See Also

References

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External links

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