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Metinvest - Latest news GMK Center

Photo – Avdiyivka Coke Plant transfers most of its capacities to conservation mode
Avdiyivka Coke Plant transfers most of its capacities to conservation mode

The plant suspended the work of coke shops №2-4, the second chemical wing due to hostilities

Photo – NKMZ suspend temporarily production from February 28
NKMZ suspend temporarily production from February 28

Metinvest and Centravis have suspended production. ArcelorMittal Kryvyi Rih to reduce production to a technical minimum

Photo – Metinvest increased steel production by 15% in 2021
Metinvest increased steel production by 15% in 2021

Over the year, the Group ramped up production of pig iron and iron ore concentrate

Photo – Metinvest paid 2.4 times more taxes and duties in 2021
Metinvest paid 2.4 times more taxes and duties in 2021

Over the year, the Group increased income tax payments by a factor of 6

Photo – Metinvest launched 54 new types of metal products in 2021
Metinvest launched 54 new types of metal products in 2021

Most of the new products were developed in the steel plate and HRC segment

Photo – Metinvest is going to increase sales of galvanized products in Ukraine by 20–25%
Metinvest is going to increase sales of galvanized products in Ukraine by 20–25%

The Group forecasts an increase in the demand for metal products in 2022 by 60–80 thousand tons

Photo – Pokrovske Coal Company to increase coal mining by 12% in 2022
Pokrovske Coal Company to increase coal mining by 12% in 2022

In 2021, the Company extracted 6.23 million tons of coking coal

Photo – Metinvest and SMS group to make a steel decarbonization research
Metinvest and SMS group to make a steel decarbonization research

The parties signed a memorandum of understanding

Photo – Metinvest’s CAPEX climbed by 79% in 9M
Metinvest’s CAPEX climbed by 79% in 9M

In 9M 2021, the Group’s revenues increased by 78%

Photo – Metinvest set up a company to manage Ukrainian coal assets
Metinvest set up a company to manage Ukrainian coal assets

The company will manage operational and administrative changes at enterprises of the Pokrovske Colliery Group

Photo – Ukraine’s mining & metals companies are about to complete modernization of primary conversion facilities
Ukraine’s mining & metals companies are about to complete modernization of primary conversion facilities

Average annual capital investment in the mining & metals sector has reached $2 billion in 2010–2020

Photo – Sizable contribution — how much and in what mining & metals companies are investing
Sizable contribution — how much and in what mining & metals companies are investing

The mining & metals sector seeks to develop production of high value-added products

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