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Metinvest - Latest news GMK Center

Photo – Metinvest cut its revenues by 8% in August
Metinvest cut its revenues by 8% in August

Revenues in the steel segment amounted to $671 million

Photo – Metinvest saves $50 million a year due to digitalization projects
Metinvest saves $50 million a year due to digitalization projects

The Company is actively experimenting with digital technologies allowing better operational efficiency

Photo – Metinvest to invest $433 million in environmental projects by 2025
Metinvest to invest $433 million in environmental projects by 2025

The Group’s plants have reduced total emissions by 33% since 2012

Photo – Metinvest increased revenue by 7.4% in July
Metinvest increased revenue by 7.4% in July

Revenue of the steel segment amounted to $700 million

Photo – Metinvest cut revenue by 15% in H1
Metinvest cut revenue by 15% in H1

The Group’s EBITDA shrank by 20% in January–June

Photo – Natural phenomenon: environmental projects remain a priority for GMK
Natural phenomenon: environmental projects remain a priority for GMK

Mining and metallurgical companies do not stop implementing projects to reduce pressure on the environment during the crisis

Photo – Metinvest cut production of metal products by 1% in Q2
Metinvest cut production of metal products by 1% in Q2

Production of semi-finished products grew by 38%

Photo – Metinvest ramped up steel production by 1% in H1
Metinvest ramped up steel production by 1% in H1

Pig iron production in the same period also increased by 1%

Photo – Metinvest supplied 18.5 thousand tons of steel for a bridge in Genoa
Metinvest supplied 18.5 thousand tons of steel for a bridge in Genoa

24 thousand tons of steel products were used in the bridge construction in total

Photo – Metinvest to raise €62 million to carry out an investment program
Metinvest to raise €62 million to carry out an investment program

The Group is now at the final stage of negotiations with the Black Sea Trade and Development Bank

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