GMK Center
According to the statement made by Yuriy Ryzhenkov, CEO at Metinvest, at the European Steel Conference held in Milan, Italy, the Metinvest Group is going to invest $670 million in ecological modernization of its plants in 2019–2025.
In 2018, the Group’s capital investment in ecological modernization projects in Ukraine amounted to $117 million, or 31% of the Group’s total capital investment in that year.
“The steel industry in Ukraine means guaranteed investment in environment, capacity development as well as regional development,” Mr Ryzhenkov underlined.
Metinvest’s portfolio now includes 149 ecological modernization projects, of which 5 have been completed, 101 are in progress and 43 planned.
The environmental tax that Metinvest paid in 2018 amounted to $21.5 million.
According to GMK Center, in the period from January to June, Metinvest’s net profit fell by 39% to $408 million compared to the same period of 2018.
The Company’s revenue in January — June decreased by 6%, down to $5.8 billion, EBITDA declined by 33%, down to $890 million.
The US-based Worthington Steel has completed its voluntary public takeover bid for Klöeckner & Co…
Austrian steel producer voestalpine expects profits to rise in the 2026/2027 financial year against the…
In most regional billet markets, prices rose slightly in May—by $10–20 per ton. The Gulf…
Iron ore prices (KORE 62% Fe/Qingdao) began to decline in late May–early June 2026 following…
In January–April 2026, the long steel market in Ukraine saw a significant increase in imports—up…
German steelmakers have warned that prolonged disruptions in rail freight transport threaten the supply of…