Metinvest

Metinvest
Private corporation (subsidiary of SCM Group)
Industry mining and metals
Founded June 6, 2006 (2006-06-06)
Headquarters Mariupol, Ukraine
Key people
 Yuriy Ryzhenkov (CEO)
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.
Subsidiaries ~25 companies (see article)
Website www.metinvestholding.com/en

Metinvest Group is a vertically integrated group of steel and mining companies that manages every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. It was established on 6 June 2006 by the SCM Holdings[1][2][3] It controls 50% of the iron ore market, 46% of the baking coal market and 40% of the metal products market in domestic market.[4]

Company today

By a number of indicators, Metinvest is the largest private company of Ukraine, and it occupies the 13th place among the largest companies in Central and Eastern Europe - Deloitte TOP-500 by results of 2015.[5]

Metinvest is the largest in Ukraine and one of the largest CIS producers of iron ore raw materials and steel. Metinvest is in the top 50 largest steel companies in the world according to the World Steel Association. Metinvest's crude steel production capacity is 15 Mtonnes per year.[6]

Management

The major shareholders of Metinvest Group are SCM Holdings, controlled by Rinat Akhmetov, (71,24%), Smart Holding Group (23.76%[7]) and Clarandale Limited (5%).[2] Starting from 2013 Yuriy Ryzhenkov has been Metinvest's General Director and Chief Executive Officer, Chairman of Executive Committee.[8]

Structure

Metinvest comprises located in Ukraine, Europe, the USA:

Mining

Metallurgy

Logistics

Trading

Key operational data

Products (000 metric tonnes)[27] 2009 2010 2011 2012 2013 2014 2015 2016
Hot metal* 6,123 11,850 12,385 11,010 11,500 9,213 8,050 8,821
Crude steel* 7,027 13,835 14,375 12,459 12,391 9,205 7,669 8,393
Semi-finished products** 2,730 3,018 3,574 2,731 3,118 2,820 2,581 2,229
Pig iron - - 600 585 814 1,132 1,181 1,197
Slabs 1,675 2,195 2,460 1,329 1,516 999 802 734
Square billets 1,055 823 514 817 788 689 598 298
Finished products 4,098 5,219 9,995 9,036 9,021 6,767 5,644 6,485
Flat products 1,612 2,472 6,407 5,809 5,840 4,625 4,010 4,385
Long products 1,760 2,213 2,618 2,448 2,592 1,765 1,475 1,918
Railway products 203 217 292 344 274 81 31 73
Tubular products 523 317 678 435 315 296 128 109
Iron ore concentrate 30,648 35,726 35,741 35,741 36,926 34,888 32,208 29,640
Coking coal concentrate 4,734 5,144 5,653 5,653 5,513 4,098 3,285 3,051

* - For comparability of production numbers of hot metal and crude steel at Ilyich Steel in 2010 was accounted for the entire year.

** - The total volume of semi-finished products excludes those rerolled at Group’s plants. These volumes are eliminated as intercompany sales for purposes of Metinvest’s consolidated results.

See also

References

  1. ↑ http://www.metinvestholding.com/en/about/history
  2. 1 2 http://www.scm.com.ua/en/media-centre/press-kit/fact-lists/metinvest/
  3. ↑ "History of Metinvest". Steelonthenet.com. Retrieved 2012-10-28.
  4. ↑ Colossi With Feet of Clay, The Ukrainian Week (22 February 2013)
  5. ↑ "Рейтинг "Делойт": ТОП-500 "Нова ера цифрової трансформації"". «Делойт» в Україні (in Ukrainian). Retrieved 2017-03-10.
  6. ↑ "Top steel-producing companies | worldsteel". www.worldsteel.org. Retrieved 2017-03-10.
  7. ↑ Novinsky wins by-election to Rada in Sevastopol, according to CEC, Interfax-Ukraine (8 July 2013)
  8. ↑ http://www.metinvestholding.com/en/about/managment
  9. ↑ "МЕТИНВЕСТ :: Ингулецкий ГОК". Ingok.metinvestholding.com. 6 November 2005. Retrieved 18 October 2011.
  10. ↑ http://www.upe.ua/en/customers/client1139
  11. ↑ http://www.frontiersinsight.com/company_page.php?company=4686
  12. ↑ ОАО «Краснодонуголь». "ПАО "Краснодонуголь"". Krasnodoncoal.com. Retrieved 18 October 2011.
  13. ↑ "МЕТИНВЕСТ :: Металлургический комбинат "Азовсталь"". Azovstal.metinvestholding.com. 6 November 2005. Retrieved 18 October 2011.
  14. ↑ "AZOVSTAL (AZST:Ukraine): Stock Quote & Company Profile – BusinessWeek". Investing.businessweek.com. Retrieved 18 October 2011.
  15. ↑ http://media.ft.com/cms/daf1d3e4-7f30-11dd-a3da-000077b07658.pdf
  16. ↑ Metinvest International SA (6 February 2009). "Metinvest International SA. Metinvest global steel sales. Press centre. News . Yenakiieve Steel Introduces New Steel Grades". Metinvest-international.com. Retrieved 18 October 2011.
  17. ↑ "METINVEST :: Yenakiieve Iron and Steel Works". Emz.metinvestholding.com. Retrieved 18 October 2011.
  18. ↑ "Metinvest :: Khartsyzsk Pipe Plant". Pipe.metinvestholding.com. Retrieved 18 October 2011.
  19. ↑ "Frontier market companies profiles, company related news, reports, analysis and related data". Frontiersinsight.com. 29 September 2011. Retrieved 18 October 2011.
  20. ↑
  21. ↑ "Promet Steel JSC". LinkedIn. Retrieved 18 October 2011.
  22. ↑ https://web.archive.org/web/20130504090352/http://valsider.metinvestholding.com/en. Archived from the original on May 4, 2013. Retrieved August 13, 2013. Missing or empty |title= (help)
  23. ↑ "METINVEST :: Metinvest Trametal SpA". Trametal.it. 6 November 2005. Retrieved 18 October 2011.
  24. ↑ http://www.spartanuk.co.uk/
  25. ↑ "МЕТИНВЕСТ :: Авдеевский коксохимический завод". Akhz.metinvestholding.com. 6 November 2005. Retrieved 18 October 2011.
  26. ↑ "Skif Shipping Ltd". Skif-shipping.dn.ua. Retrieved 18 October 2011.
  27. ↑ "METINVEST :: Investors :: Key operational data". www.metinvestholding.com. Retrieved 2017-03-10.
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