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Metinvest - Latest news GMK Center

Photo – Ilyich ISW increased hot-rolled steel production capacities to 2.5 million t
Ilyich ISW increased hot-rolled steel production capacities to 2.5 million t

The capacity of the sheet rolling mill 1700 will reach 3.5 million tons following the reconstruction

Photo – Green steel production in Europe and in Ukraine
Green steel production in Europe and in Ukraine

The steel industry will go green — in Ukraine too

Photo – Metinvest increased the EBITDA in July by 54.3%
Metinvest increased the EBITDA in July by 54.3%

The Company’s revenue fell by 3.7%

Photo – S&P raised Ukraine’s credit ratings to B
S&P raised Ukraine’s credit ratings to B

The agency also projected the GDP growth in Ukraine in 2019 from 2.5% to 3.2%.

Photo – Metinvest made an offering of Eurobonds worth $500 million and €300 million
Metinvest made an offering of Eurobonds worth $500 million and €300 million

Maturities: 10 years at 7.95% and 5 years at 5.75% per annum

Photo – S&P and Fitch Upgraded Metinvest’s ratings
S&P and Fitch Upgraded Metinvest’s ratings

Both agencies say the outlook is stable

Photo – Metinvest: The domestic steel market will grow by 3% in 2020
Metinvest: The domestic steel market will grow by 3% in 2020

The drivers of the demand growth will be construction industry and alternative energy

Photo – Metinvest makes its first contract via a blockchain platform
Metinvest makes its first contract via a blockchain platform

The Group made equipment purchase througth smart-contract

Photo – What kind of metal products are used in the construction of wind power plants
What kind of metal products are used in the construction of wind power plants

Our metallurgists supply fittings to Ukrainian builders of wind power plants. To Europe - sheet metal

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