Ilyich Iron and Steel Works of Mariupol - Latest news GMK Center

16 Group's companies have already submitted claims to the ECHR, more than 10 will do the same by the end of 2022

The damage amounts to tens of millions of dollars

Decrease in loading is caused by destructions, logistical problems and other restrictions caused by military aggression of the Russian Federation

The pre-war capitalization of the two plants in Mariupol reached $10 billion, $1 billion was the cost of raw materials and finished steel

The lawsuits estimation is about $10 billion

Main losses connected with damages of steel plants, which produced 40% of crude steel in Ukraine

The divisions of the plant were switched to conservation mode from the first days of war to preserve equipment, and prevent man-made accidents

The economic effect of the product sales is $22.4 million

Production of steel and pig iron also went up

The funds will be used to implement the next phase of reconstruction of the hot strip mill (HSM) 1700

Northern GOK and Ilyich Iron and Steel Works of Mariupol were among the TOP 10 environmental tax payers

The Group produced 7.6 million tons of metal in 2019