Metinvest

Two memorandums of cooperation to cut emissions were singed during the decarbonization forum

The project’s total cost will exceed $1 billion. The Company signed a contract with Danieli, a leading producer of equipment

The Company believes a dialogue between the business and the government to be essential for decarbonization of Ukraine’s economy

The Group is considering Mariupol and Zaporizhia as potential construction sites for a new EAF steelmaking plant

Companies of the mining and metallurgical complex spent UAH 18.6 billion for environmental purposes last year

Revenues in the steel segment went up 35% in 3M

Also, the Group paid ₴165 billion in taxes over this period

On the other hand, the Group ramped up production of iron ore concentrate in Q1

Revenues in the steel segment amounted to $789 million

After shrinking in 2020 by 1%, to 4.58 million tons, domestic consumption of rolled products may increase to 4.72 million tons

The economic effect of the product sales is $22.4 million

The Group’s EBITDA increased by 82% over the year