Metinvest Holding is an international, vertically integrated mining & metals company. The Group includes coal, coking, mining, steel and rolling plants in Ukraine, the EU and the U.S. Metinvest Holding manages the complete production chain, from extracting iron ore and coal to manufacturing semi-finished and finished steel products.
In 2017, Metinvest ranked 42nd among the largest steel makers in the world, and 5th in the CIS.
Metinvest Holding was 13th in late 2015 in the Deloitte TOP-500 Central and Eastern Europe ranking.
Metinvest Holding network of sales offices and service centres covers more than 80 countries.
Charts and tables
Production results, thousand tons
Indicative sales structure by products in 2018, % **
Indicative sales structure by markets in 2018, % **
** – structure of sales volumes, metric tons
Financial performance, $ million
|Net income margin||3%||2%||-15%||2%||7%||10%|
Metinvest Holding attracted €34 mln loan from Austrian bank ODDO BHF Aktiengesellschaft with guaranties of Austrian Oesterreichische Kontrollbank Aktiengesellschaft. The aim of the loan – reconstruction of the sheet rolling shop 1700 on Ilyich Iron and Steel Works of Mariupol.
In April 2019
Metinvest Holding received a permit from the Antimonopoly Committee of Ukraine for buying a stake in Dniprovskyi Coke & Chemical Plant (Kamianske, Dnipropetrovsk oblast).
By March 2019
Metinvest Holding appeared in rankings of the major international rating agencies and got: B (positive outlook) by Fitch, B- (positive outlook) by S&P, and B3 (stable outlook) by Moody’s.
In August 2018
Metinvest Holding bought 25% of shares in Donetskstal Iron and Steel Works PrJSC. Hence, the company became an indirect shareholder of Pokrovske Coal Company PrJSC, the largest coking coal producer in Ukraine.
Metinvest Holding announced the purchase of a 23.71% stake in Yuzhcoke, a coke producer. The deal was worth $30 million.
Metinvest Holding bought Unisteel (Kryvyi Rih, Dnipropetrovsk oblast), a producer of galvanized rolled products with the annual capacity of 100 thousand tons.
In April 2018
Metinvest Holding successfully refinanced its debt obligations by issuing new Eurobonds worth $1.592 billion and attracting a pre-export financing facility in the amount of $765 million. These two deals brought additional $205 million to the company. Besides, the maturity of debt on bonds was extended from 2021 to 2023 ($953 million) and 2026 ($648 million).
In March 2017
Metinvest Holding said that it had lost control over its assets in the non-government-controlled territories of Luhansk and Donetsk oblasts, including Yenakieve Iron and Steel Works (EMZ), Khartsyzk Pipe Plant (KPP), Krasnodonugol.
Sources: websites of the companies, media outlets