Metinvest in 2022 reduced steel production by 69% year-on-year to 2.918 mln t, parent company Metinvest B.V. said in a press release.
According to it, the production of pig iron declined by 72% to 2.743 million tons, coke – by 64% to 1.653 million tons, including merchant coke – by 49% to 811 thousand tons.
At the same time, it is specified that in connection with the beginning of a large-scale military aggression of the Russian Federation against Ukraine, since 24 February 2022, Metinvest decided to suspend the production activities of a number of its enterprises in Mariupol, Avdiivka and Zaporizhia, including Azovstal, Illich Iron and Steel, Avdiivka Coke and Zaporizka Coke. Later, the group’s Zaporizhia companies resumed production. However, the company’s enterprises in Mariupol and Avdeevka suffered as a result of hostilities, while Mariupol is currently temporarily occupied.
It is also noted that Ukrainian enterprises of the group, except those located in Mariupol and Avdeevka, continue to operate at different levels of utilization, taking into account security factors, availability of electricity supply, as well as logistical and economic factors.
In 2022, production of commercial semi-finished products decreased by 70% to 1.022 mln tons, due to a significant decrease in the production of liquid pig iron. This was partially offset by the consolidation of commercial billet production volumes at Kametstal’s facilities.
In 2022, production of finished products decreased by 62% to 2.777 million tonnes. The production of flat products decreased by 4.247 million tonnes to 1.731 million tonnes due to the stoppage at the Mariupol mills, and the lack of a stable supply of slabs for Italian rolling mills in the first half of the reporting year. Production of long products decreased by 71,000 tonnes, to 1.018 million tonnes, due to stoppages at Azovstal from the end of February 2022 and lower production at Promet Steel due to irregular intragroup supplies of billets.
This, in turn, was partially offset by consolidation of production volumes at Kametstal’s facilities. At the same time, production of rails and pipes decreased by 38 and 100 thousand tons to 10 and 18 thousand tons, respectively, as the products were produced at Mariupol.
In 2022, coke output decreased by 64% to 1.653 mln tons.
“Last year, Metinvest also reduced the production of total iron ore concentrate (iron ore concentrate) by 66% year-on-year to 10.712 million tons, the output of marketable iron ore products decreased by 55% to 7.903 million tons, including the volume of marketable concentrate – by 60% to 4.718 million tons, and the volume of marketable pellets – by 45% to 3.185 million tons.
In 2022, the production of coal concentrate by the group decreased by 11% to 4.959 million tons, mainly due to the lack of qualified personnel at its coal assets and deteriorating geological conditions at United Coal Company (USA) mines.
As reported, Metinvest in 2021 increased the steel output by 15% compared to 2020 – up to 9.533 million tons, iron – also by 15%, to 9.709 million tons, but reduced the total production of coke by 5% to 4.551 million tons. In 2021, the Group increased the total production of iron ore concentrate by 3% to 31.341 million tons, the production of pellets by 18% to 5.811 million tons and the total production of coking coal concentrate by 92% to 5.542 million tons.
“Metinvest consists of mining and metallurgical enterprises located in Ukraine, Europe and the USA.
The major shareholders of Metinvest are SCM Group (71.24%) and Smart Holding (23.76%) that jointly manage the company.
Metinvest Holding LLC is the management company of Metinvest group.
Metinvest Mining and Metallurgical Group, within the framework of Rinat Akhmetov’s Steel Front militarized initiative, handed over 50 drones worth UAH 6 million and 200 sets of winter clothing to the Main Directorate of Intelligence.
According to the company’s press release, DJI Mavic 3 drones have already been sent to the front. The press service explains that the military use the civilian version of drones DJI Mavic 3 in combat conditions as an inspector (for detection and correction of fire), as well as a combat unit (dropping of ammunition, such as shrapnel VOG-25) to defeat the enemy.
In total, the Metinvest Group has handed over more than 1,200 drones to various units of the country’s defense forces since February 24, 2022.
In addition to drones, the defenders received 100 sets of winter uniforms, 100 sets of thermal clothing and tactical shoes.
“Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in Donetsk, Lugansk, Zaporozhye and Dnepropetrovsk regions, as well as in European countries.
The major shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%) that manage it jointly.
Metinvest Holding LLC is the management company of Metinvest group.
Metinvest Mining and Metallurgical Group, as part of Rinat Akhmetov’s Steel Front militarized initiative, handed over four modern drones to scouts in the Avdiivka direction, continuing to support Ukraine’s defenders in the fight against the Russian aggressor.
The company’s press release specifies that the tactical equipment provided protects operators’ lives from enemy attacks, as specialists can control the drone from long distances without exposing themselves to direct danger.
“They (drones – IF) are effective for suppressing the enemy, artillery work and at night for infantry, because lately the enemy is very much making installation for night maneuvers, for night advancement,” explains Colonel Alexander Danilchenko of the AFU, quoted by the press service, noting the productive assistance of Metinvest, which it began to provide since March last year.
At the same time, it is noted that for eleven months Avdeevka has been subjected to hostile shelling. Stubborn battles are going on nearby every day, as the enemy is trying to expand the borders of the occupation. However, the AFU and defense forces are heroically defending the city and neighboring frontline territories.
“In Avdeevka we have not conceded a single step, even in some positions we have advanced,” Danilchenko stressed.
The press release reminds that Metinvest Group is one of the first companies in Ukraine to start supplying drones to the AFU.
“The company systematically supplies our military with body armor and helmets, burners and fuel, helps to equip defensive structures and transfers mobile shelters made of strong steel. Today we are making another contribution to the forthcoming common victory over the invaders. I am sure that the “birds” will be useful and will help our defenders to repulse the enemy”, noted Acting General Director of Avdiivka KHP Yuriy Ktsinenko.
It is also reported that Metinvest organizes the search and delivery of important tactical equipment and machinery to Ukraine in order to strengthen the army’s defense capabilities in different parts of the front. The company has already transferred approximately 1,700 thermal imaging cameras, 1,000 drones and quadcopters, and 312 vehicles, including ambulances, to the fighters. And 1 million liters of fuel have been provided to refuel the vehicles.
“Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in Donetsk, Lugansk, Zaporizhzhia and Dnipropetrovsk regions, as well as in European countries.
The major shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%) that manage it jointly.
Metinvest Holding LLC is the management company of Metinvest group.
Metinvest Mining and Metallurgical Group has handed over almost a million liters of fuel and 312 vehicles of various types to units of the AFU during Russia’s full-scale invasion of Ukraine.
According to a company press release, this way increases the mobility of defenders as part of Rinat Akhmetov’s Steel Front militarized initiative.
“The war of the XXI century is the confrontation of technology. Therefore, the advantage in the battlefield often depends on equipping the troops with the right equipment. In addition to weapons, vehicles are important. It is they that help fortify positions, provide the necessary units, move quickly and stay one step ahead of the enemies. To keep our defenders mobile, Metinvest Group sends fuel and vehicles to the front lines,” the press release states.
It is noted that in ten months of full-scale war Metinvest allocated over 2.8 billion UAH, so that Ukraine could withstand and win. More than half of this amount, 1.5 billion UAH, went to the army and the military.
Thus, at the beginning of the full-scale invasion the defenders received special-purpose vehicles from the company’s enterprises. These were trucks, bulldozers and excavators. They were used for construction of fortifications and construction of protective structures.
“Metinvest, within the framework of Rinat Akhmetov’s Steel Front militarized initiative, organized the delivery of vehicles from abroad. Primarily pickup trucks, all-wheel-drive jeeps and vans were purchased and sent to the front lines – they were needed at all front lines to deliver ammunition and personnel, evacuate the wounded, transport important cargoes, conduct redeployment and conduct raids behind enemy lines.
In addition, Metinvest provided military medics of the Main Directorate of Intelligence of the Ministry of Defense of Ukraine with ambulances. 20 specialized vehicles were purchased in Europe to save the lives of wounded fighters.
Metinvest Group also donates fuel for the needs of the Armed Forces and Territorial Defense Forces. The defenders were allocated almost a million liters of gasoline and diesel fuel to fuel their vehicles and military equipment. It especially supported the military in spring, when there was a shortage of fuel on the market. And the scarce product is also systematically sent to the communities of Avdeevka, so that critical infrastructure services take care of the citizens.
“Our defenders are pushing hard to cleanse Ukraine of its enemies. And we have made sure that the AFU has vehicles and full tanks of fuel. This war is built on mobility and the ability to stay ahead of the enemy. That’s why we also provide the military with technological drones and thermal imagers. And while the defenders defend our country’s independence on the front lines, Metinvest Group is their reliable support in bringing Ukraine’s victory closer,” said Metinvest CEO Yury Ryenkov, quoted by the press service.
“Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in Donetsk, Lugansk, Zaporozhye and Dnipropetrovsk regions and in European countries.
The major shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%) that jointly manage it.
Metinvest Holding LLC is the management company of Metinvest group.
Metinvest Mining and Metallurgical Group continues to produce steel products at its enterprises and produce iron ore raw materials under the constant threat of enemy shelling and under conditions of power shortage.
“Our enterprises, as far as it is possible under military conditions, continue to produce products for the defense and restoration of the country’s infrastructure, keep jobs and pay taxes,” the press service of Metinvest quoted the company’s general director Yuri Ryzhenkov as saying.
According to him, Metinvest’s enterprises in Ukraine are working under war conditions, but the work is also complicated by rising production costs, falling prices for certain types of products and logistical constraints due to the blocking of maritime exports. However, even under such difficult circumstances, the group’s enterprises continue to operate at different levels of utilization, taking into account security, logistics and economic factors.
“Kametstal” and the group’s joint venture “Zaporizhstal” continue to produce. Meanwhile, Kametsteel resumed production of pig iron, steel and rolled products in December after production was halted due to Russian attacks on Ukraine’s energy infrastructure in late November 2022.
Construction of the 11th coal mining block is underway at the Pokrovsky Coal Group enterprises. Centralny GOK continues to produce pellets.
In general, the focus of the group’s enterprises is to promptly resume work or increase production levels under favorable conditions, according to the press release.
As before, the group’s priority remains to take care of its employees who support the production process. All facilities have bomb shelters manned for extended stays. The shelters are provided with water, food and medicines.
“Metinvest continues to fight the theft by rf, which illegally exported more than 234,000 tons of the company’s metal from Mariupol. In particular, 16 enterprises of the group filed lawsuits in the European Court of Human Rights against Russia for damages caused to property and assets of the group in Mariupol and other territories of Ukraine since February 24, 2022.
“Metinvest is a vertically integrated group of mining and metallurgical companies. The enterprises of the group are mainly located in Donetsk, Lugansk, Zaporozhye and Dnipropetrovsk regions.
The major shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%) that manage it jointly.
Metinvest Holding LLC is the management company of Metinvest Group.
Metinvest Mining and Metallurgical Group has sent another batch of assistance worth UAH 7 million to the Main Directorate of Intelligence (GUR) as part of Rinat Akhmetov’s Steel Front militarized initiative.
According to the company’s press release, Metinvest has been supporting the GUR since the first days of the full-scale invasion of Russia. Previously, the reconnaissance personnel received special forces ammunition kits, a variety of tactical equipment and machinery. This time the company handed over 20 generators, 50 drones, 19 thermal imagers, as well as a “pickup truck” to ensure uninterrupted power supply.
“Metinvest” provided, in particular, drones Mavic 2, Mavic 3 and Autel.
It is recalled that since the beginning of the full-scale war, Metinvest Group has provided support to the army and military for more than 1.4 billion UAH.
“Metinvest is a vertically integrated group of mining and metallurgical companies. The group’s enterprises are mainly located in Donetsk, Luhansk, Zaporizhzhia and Dnipropetrovsk regions.
The major shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%) that manage it jointly.
Metinvest Holding LLC is the management company of Metinvest Group.
