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Sales Director of Steel and Rolled Products Division about the situation at Ilyich I&SW

13 May 2011 // Press centre Metinvest Group

Dmitry Nikolayenko, Sales Director of Steel and Rolled Products Division, commented on short Blast Furnace damping down at Ilyich I&SW: «Extraordinary situation at Ilyich I&SW will affect only the merchant iron production volumes, which have not been contracted yet. We are convinced that planned shipment volumes of finished products will remain unchanged».

Editorial notice:

Metinvest is an international vertically integrated mining and steel group of companies, operating assets in each link of the production chain from iron ore and coal mining and coke production, through to semi-finished and finished steel production, pipe rolling and coil production and production of other value-added products. The Group comprises mining and steel production facilities located in Ukraine, Europe and the USA and has a sales network covering all key global markets. The major shareholders of Metinvest are SCM Group (75% ownership) and Smart-Holding (25% ownership) partnering in Company’s management.

METINVEST HOLDING, LLC – is the managing company of Metinvest Group.