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Yuriy Ryzhenkov - Latest news GMK Center

Photo – Ukraine is able to supply raw materials for DRI production in Europe – CEO of Metinvest
Ukraine is able to supply raw materials for DRI production in Europe – CEO of Metinvest

Building DRI production capacity could be part of the country's recovery

Photo – Metinvest may be interested in the privatization of large ports — CEO of Metinvest
Metinvest may be interested in the privatization of large ports — CEO of Metinvest

In the first half of 2022, Metinvest rebuilt the logistics of raw materials

Photo – Metinvest is conducting negotiations on the legislation normalization in wartime — Yuriy Ryzhenkov
Metinvest is conducting negotiations on the legislation normalization in wartime — Yuriy Ryzhenkov

Despite the war, the company did not change its strategy for modernization

Photo – Metinvest operates at the level of 30-50% of pre-war capacities – Yuriy Ryzhenkov
Metinvest operates at the level of 30-50% of pre-war capacities – Yuriy Ryzhenkov

Such results are difficult to achieve due to logistics, as the Black Sea ports are not available for the export of iron ore, steel and coal

Photo – Metinvest believes that EAF and hydrogen-based technologies are the future of the steel industry
Metinvest believes that EAF and hydrogen-based technologies are the future of the steel industry

The company is already taking particular steps towards greener technologies

Photo – Metinvest will focus on the development of product portfolio in 2020
Metinvest will focus on the development of product portfolio in 2020

The improvement in the product portfolio will depend to a growth in production at the Ilyich Works

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