Metinvest-SMZ, the network of service metal centers belonging to the Metinvest Group in Ukraine, supplied nearly 3,000 tons of specially cut sheet metal for the manufacture of pipes for Kryvyi Rih’s heating networks.
According to the company, after last year’s difficult situation with heat supply, when the city faced problems with heating homes and infrastructure due to wear and tear and accidents on heating networks, almost 40% of consumers were left without heat.
Therefore, Kryvyi Rih held a tender for the supply of large-diameter pipes with a total weight of 3,800 tons in preparation for the current heating season.
Metinvest-SMZ played an important role in the project by supplying rolled sheet metal.
This metal was used to manufacture pipes for the Kryvyi Rih heating plant measuring 820×10 mm, 720×10 mm, and 630×8 mm.
Deliveries began in August, providing the city with the materials needed to stabilize heat supply in the new heating season.
Metinvest-SMZ LLC is the largest network of service metal centers in Ukraine, operating on the market since 2003. The LLC’s metal centers are located in key industrial cities of the country, such as Kyiv, Kharkiv, Dnipro, Zaporizhzhia, Lviv, Odesa, and many others.
The company’s authorized capital is UAH 17.205 million.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhia, and Dnipropetrovsk regions – as well as in European countries. The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
The Kametstal plant, part of the Metinvest mining and metallurgical group (Kamensk, Dnipropetrovsk region), has completed the reconstruction of continuous casting machine No. 1 in the converter shop as part of its 2025 investment program.
According to the company, following the successful completion of the second stage of the investment project, key equipment of the machine’s pulling and straightening devices has been upgraded.
It is specified that new motor reducers for the pulling and straightening device were installed on each of the seven streams of the CCMC-1, on which thermal shielding was also performed.
“In this way, steelmakers have solved the urgent issue of extending the service life of motor reducers, which ensure the stable movement of the pulling and straightening devices. Previously, this equipment failed prematurely due to the destructive effects of high temperatures,” the report states.
Encoders were also installed and put into operation on all upper motors of the gear motors. These devices, thanks to feedback in control, make it possible to control and stabilize the speed of the continuously cast billet and, thus, increase the accuracy of its cutting.
The second stage of the reconstruction of the No. 1 continuous casting machine was carried out without additional machine stoppages, given the need to fulfill orders for commercial steel products, particularly those of higher quality, for domestic and European customers. Each stream was technically prepared in advance for the replacement of equipment, and during the technological stoppage, updates were carried out in pit stop mode.
As a result of the second stage of reconstruction, metallurgists received a number of technical and economic advantages: several times longer service life of the motor reducers of the stoves; maximum precision of cutting the billets, which made it possible to reduce metal consumption. In addition, the technical solutions implemented optimized the operation of the pulling and straightening device to reduce electricity consumption on the upper and lower motor reducers by 1.2 kW*hour while maintaining stable casting on the machine.
Kametstal is part of the Metinvest Group.
The Unisteel plant (Kryvyi Rih, Dnipropetrovsk region), which produces galvanized cold-rolled flat products and is part of the Metinvest Group, incurred a net loss of UAH 6.389 million in January-September this year, compared to UAH 196.913 million in the same period last year.
According to the company’s interim report, which is available to the Interfax-Ukraine agency, its profit in the third quarter of 2025 amounted to UAH 37.532 million.
Revenue for this period increased by 0.3% to UAH 2 billion 653.726 million.
The uncovered loss at the end of September amounted to UAH 1 billion 46.731 million.
The LLC ended 2024 with a loss of UAH 363.768 million, while in 2023 this figure was UAH 255.057 million.
The main products manufactured by the plant are galvanized flat rolled products with a thickness of 0.40 mm to 2.50 mm, a width of 600 to 1250 mm, and a coating class (Zn) of 60-275 g/m². The volume of finished product sales in 2024 and 2023 amounted to 113,321 thousand tons and 72,500 thousand tons, respectively. In 2024, 37,917 thousand tons (32.46%) were exported and 75,404 thousand tons (66.54%) were sold on the domestic market.
In 2024, the company employed 144 people.
The Unistil plant, which produces cold-rolled galvanized flat products with a capacity of over 100 thousand tons per year, was built in 2007-2010. It is equipped with equipment from Dongbu Machinery Co., LTD (South Korea).
The authorized capital of Unistil LLC is UAH 6.01 million.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions – as well as in European countries. The main shareholders of the holding company are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
The Kametstal plant, part of the Metinvest mining and metallurgical group, established on the premises of the Dniprovsky Metallurgical Combine (DMK, Kamianske, Dnipropetrovsk region), earned a net profit of UAH 1 billion 345.153 million in January-September this year, while the same period in 2024 ended with a net loss of UAH 625.830 million.
According to the company’s interim report, available to the Interfax-Ukraine agency, profit in the third quarter amounted to UAH 711.232 million.
Net income for this period increased by 9% to UAH 42 billion 454.272 million.
The uncovered loss at the end of September amounted to UAH 493.835 million.
The plant ended 2024 with a loss of UAH 237.705 million, while in 2023 it amounted to UAH 912.333 million. The plant ended 2022 with a net loss of UAH 883.119 million, while in 2021 it received a net profit of UAH 120.277 million.
KAMETSTAL was established on the basis of PJSC Dniprovsky Coke Chemical Plant (DKHP) and CMK PJSC Dniprovsky Metallurgical Plant (DMK). The average number of full-time employees in the third quarter of 2025 was 7,226.
According to the NDU for the third quarter of 2025, Metinvest B.V. (Netherlands) owns 100% of the company’s shares.
The authorized capital of PJSC Kametstal is UAH 170.584 million.
The Central, Ingulets, and Northern Mining and Processing Plants (M&P) of Metinvest Mining and Metallurgical Group, transformed into United Mining and Processing Plant, paid UAH 3.8 billion in taxes in January-September 2025, which is 19.1% less than in the same period last year (UAH 4.7 billion).
According to the company’s press release, the largest deductions of the United Mining and Processing Complex for the first nine months of 2025 were subsoil use fees, unified social security contributions, and personal income tax. Land fees and military levies also accounted for a significant share of deductions.
“Since the start of the full-scale war, Metinvest’s mining and processing enterprises have remained among the largest taxpayers. We are working in new conditions, focusing on daily changes, but we are not giving up on our long-term prospects, because we are still committed to achieving all of our strategic goals. Metinvest continues to systematically support Kryvyi Rih and Ukraine, implementing the most important social and infrastructure projects in communities and helping the front,” said OGZK CEO Igor Tonev.
As reported, in the first nine months of 2025, OGZK’s total iron ore concentrate production decreased by 4% compared to the same period last year to 11.713 million tonnes, as operations at the Ingulets open pit were suspended in July 2024. This was partially offset by increased production at the Hannivskyi quarry. Production of commercial iron ore products remained almost unchanged on an annualized basis at 11.456 million tons, taking into account a 6% decline in iron ore concentrate production and a 9% increase in pellet production.
Ingulets GOK suspended operations in the summer of 2024.
The group’s mining and processing plants increased their tax payments 2.6 times to UAH 5.7 billion in 2024.
Earlier, Metinvest’s CFO Yulia Dankova, explaining the group’s financial performance, stated that the dynamics were not positive mainly due to the shutdown of production facilities, particularly in Pokrovsk.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions – as well as in the European Union, the United Kingdom, and the United States.
The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
Metinvest B.V. (Netherlands), the parent company of an international vertically integrated mining and metallurgical group of companies, has paid another coupon on its 2029 Eurobonds and continues to fulfill its debt obligations, including to Eurobond holders, despite the war in Ukraine.
“We can confirm that the coupon was paid on time,” Andriy Burlakov, head of the Metinvest Group’s press service, told Interfax-Ukraine in response to a request.
The coupon payment date for Eurobonds-2029 is November 17.
“The coupon payment dates are May 17 and November 17,” according to the information on the 2029 bonds.
The coupon rate is 7.750% per annum.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions – as well as in the European Union, the United Kingdom, and the United States.
The main shareholders of the holding company are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
Metinvest paid the coupon on Eurobonds-2029 despite the war
