Metinvest: Difference between revisions
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'''Metinvest''' is a [[Ukraine]]-based holding company of [[Mining companies|mining]] and [[steel company|steel]] assets. It was established on 6 June 2006 by the [[SCM Holdings]].<ref>http://www.metinvestholding.com/en/about/history</ref><ref name="scm">http://www.scm.com.ua/en/media-centre/press-kit/fact-lists/metinvest/</ref><ref>{{cite web|url=http://www.steelonthenet.com/kb/history-metinvest.html |title=History of Metinvest |publisher=Steelonthenet.com |date= |accessdate=2012-10-28}}</ref> |
'''Metinvest''' is a [[Ukraine]]-based holding company of [[Mining companies|mining]] and [[steel company|steel]] assets. It was established on 6 June 2006 by the [[SCM Holdings]].<ref>http://www.metinvestholding.com/en/about/history</ref><ref name="scm">http://www.scm.com.ua/en/media-centre/press-kit/fact-lists/metinvest/</ref><ref>{{cite web|url=http://www.steelonthenet.com/kb/history-metinvest.html |title=History of Metinvest |publisher=Steelonthenet.com |date= |accessdate=2012-10-28}}</ref> |
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==Market share== |
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It Ukraine Metinvest controls 50% of the [[iron ore]] market, 46% of the [[baking coal]] market and 40% of the metal products market.<ref name=UW22212PG/> |
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== Management == |
== Management == |
Revision as of 03:41, 5 March 2013
Company type | Private corporation (subsidiary of SCM Group) |
---|---|
Industry | mining and metals |
Founded | June 6, 2006 |
Founder | Rinat Akhmetov |
Headquarters | , Ukraine |
Key people | Igor Syry (CEO) Sergey Novikov (CFO) Dmitriy Nikolayenko (Sales director) Igor Kirilyuk (CCO) |
Products | iron ore concentrate and pellets, steel plate, HRC, CRC, long products, track materials, tubular products |
Revenue | $9358 million |
$437 million | |
Owner | SCM Holdings 71.25% Smart Group 23.75% |
Number of employees | 86,955 (2021) |
Parent | Metinvest B.V. |
Divisions | Mining division, Metallurgical division |
Subsidiaries | ~25 companies (see article) |
Website | www |
Metinvest is a Ukraine-based holding company of mining and steel assets. It was established on 6 June 2006 by the SCM Holdings.[1][2][3]
Market share
It Ukraine Metinvest controls 50% of the iron ore market, 46% of the baking coal market and 40% of the metal products market.[4]
Management
The major shareholders of Metinvest Group are SCM Holdings, controlled by Rinat Akhmetov, (75%), Smart Group (25%) and Clarandale Limited (5%).[2] Starting from 2006 Igor Syry has been Metinvest's General Director and Chief Executive Officer, Chairman of Executive Committee.[5]
Structure
Metinvest Group has two divisions:
- Mining Division - mining and processing steelmaking raw materials, i.e. coking coal and iron ore concentrate and pellets.
- Metallurgical Division - manufacture of crude steel, steel semis and high value added finished steel products: flat and long producs, rails, tubular products
Metinvest comprises 24 assets, located in Ukraine, Europe, the USA:
- Azov Iron and Steel Works (Azovstal)
- Ilyich Steel & Iron Works
- Yenakiieve Iron and Steel Works
- Khartsyzsk pipe plant
- Promet Steel, Bulgaria [6]
- Ferriera Valsider SpA
- Metinvest Trametal
- Spartan UK
- Metinvest Shipping, LLC (formerly "Skif-Shipping LLC")
- METINVEST-RESOURCE, LLC
- Metinvest International SA
- Metinvest-Ukraine, LLC
- Metinvest-SMC, LLC (Service Metal Centres)
- Metinvest-Eurasia, LLC
- Avdiivka Coke Plant
- Krasnodon Coal
- United Coal
- Inkor Chemicals
- Ingulets GOK
- Northern Iron Ore Enrichment Works (Northern GOK)
- Central Iron Ore Enrichment Works (Central GOK)
- Komsomolskoye mining company
- Danube Shipping Stevedoring Company
Metinvest is managing managing each link of the production chain – iron ore and coal mining and coke production through to semi-finished and finished steel production; including the manufacturing of plate and coil, pipe rolling, shapes and bars and other value-added products.[7] Metinvest employs over 80,000 people.[8]
References
- ^ http://www.metinvestholding.com/en/about/history
- ^ a b http://www.scm.com.ua/en/media-centre/press-kit/fact-lists/metinvest/
- ^ "History of Metinvest". Steelonthenet.com. Retrieved 2012-10-28.
- ^ Cite error: The named reference
UW22212PG
was invoked but never defined (see the help page). - ^ http://www.metinvestholding.com/en/about/managment
- ^ http://www.linkedin.com/company/promet-steel-jsc
- ^ http://www.mining-journal.com/company-news/metinvest
- ^ Cite error: The named reference
metinvest
was invoked but never defined (see the help page).