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Breaking News
2/12/2025

Metinvest pays 61% of taxes among Ukrainian steelmakers in 2024 – GMK Centre

According to the publication's calculations, Metinvest became the largest taxpayer in the mining and metals sector of Ukraine in 2024. Last year, the company paid UAH 19.8 billion in taxes and fees, accounting for 61% of the total deductions of metallurgical enterprises. Read more about the tax situation in the mining and metals sector and the factors that could curb revenues to the Ukrainian budget and worsen the industry's condition in the article by GMK Centre.Amid the ongoing war, which has been going on for three years now, securing revenues for the state and local budgets has become critical to finance defence, social support and the country's recovery. In this context, the steel industry plays an important role in filling the budget, despite all the challenges of wartime.The government, for its part, should strike a balance between the need to replenish the budget and create conditions for the sustainable development of the steel industry. It is important to ensure the stabilit
Products
2/12/2025

Steel for demanding customers: Kamet-Steel`s steelmakers are at a new stage in mastering submerged entry nozzle casting technology

Mastering of CC billet casting using stopper mechanisms at Billet Caster 1 is reaching a new level. In 2024, BOF Shop of Kamet-Steel expanded the range of high-quality merchant billet and increased the volume of CC billet production using this technology. This year, steelmakers are facing new challenges to improve the efficiency of submerged entry nozzle casting. Дмитро Шитіков It's worth reminding that the main feature of the technology is that the flow of steel is covered by a submerged nozzle in the gap between the tundish and CCM mould. In this way, hot metal is protected from the negative effects of secondary oxidation, which gives the billet improved quality to meet the requirements of customers in both European and domestic markets. This technology makes it possible to produce metal with higher requirements for chemical composition and macrostructure, and the margin profit from it is higher than from conventional billets. Last year, as part of the programme for new products mas
Breaking News
2/11/2025

Metinvest's Integrated Iron Ore increases tax payments to UAH 5.7 billion in 2024

Over 12 months of the previous year, Metinvest's Northern, Central and Ingulets Iron Ore transferred UAH 5.7 billion to the budgets of all levels, that is 2.6 times more than over the same period in 2023 – up UAH 2.2 billion respectively. Thus, even during the war, mining and processing plants remain a reliable pillar of Ukraine's economy.The main source of filling the budgets last year was the tax on subsoil use, which totalled UAH 2.7 billion. The unified social tax (UAH 673 million) and personal income tax (UAH 595 million) account for a significant share of contributions. Environmental tax and land payments also contributed to the state and local budgets.It is the mining and metals enterprises that are the largest taxpayers and support the Ukrainian economy despite war and challenges. These funds are needed today to help the social sector - healthcare, education, and most importantly, they support Ukraine's defence capability. Plants of Metinvest's Kryvyi Rih Iron Ore not only pay
Metinvest Polytechnic
2/11/2025

Open Day at Metinvest Polytechnic University: How to enrol, study, and build a career in mining and metals

Метінвест Політехніка відкрила свої онлайн-двері для майбутніх студентів. Понад 100 вступників із Кам’янського, Кривого Рогу, Запоріжжя та інших міст України долучилися до Open Day, щоб дізнатися більше про можливості навчання, особливості вступної кампанії та кар’єрні перспективи, які відкриває університет у співпраці з лідерами гірничо-металургійної галузі.Під час заходу абітурієнти отримали вичерпну інформацію про бакалаврські та магістерські програми, нюанси вступу та підготовку до Національного мультипредметного тесту (НМТ) і Єдиного вступного іспиту (ЄВІ). Викладачі, студенти та випускники поділилися власним досвідом, розповіли про навчання та поєднання теорії з практикою, а також подали реальні історії кар’єрного зростання під час і після здобуття освіти.Що пропонує університетМетінвест Політехніка пропонує вступникам 17 бакалаврських і 18 магістерських програм, а також навчання в аспірантурі за п’ятьма напрямами. Освітні програми охоплюють затребувані сфери – від металургії, г
Products
2/11/2025

Metinvest Northern Iron Ore has increased production at the order of steelmakers from Europe

Northern Iron Ore pelletizing production workers have launched the second induration machine to cope with additional orders from European partners. Thus, both machines are currently involved in the production of pellets – LURGI 552 A and LURGI 552 B.The staff of the pellet production shop No. 2 (PPSh No.2) prepared to implement the plans approved for the beginning of the year in advance: In order to provide the reliability of the equipment operation in autumn, a range of repairs was carried out on both induration machines. At LURGI 552 B, equipment inspection and quarterly repairs were carried out, which included a standard range of activities to support the functions of the main units. That increased the machine reliability, ensured the fulfilment of quality indicators and made it possible to load it more today. Repair work was carried out last autumn on machine A as well. At the same time, a major overhaul of the rotary reclaimer, which ships finished products, was carried out.In ord
Breaking News
2/10/2025

Metinvest invests in the future of Kamet Steel: The implementation of the record investment program 2025 has begun

In the difficult wartime, Kamet Steel, together with other enterprises of Metinvest Group, continues systematic work in the area of construction and reconstruction to improve the reliability and efficiency of production. And from the first days of January 2025, the enterprise has begun to implement this year's investment program with a total planned budget of more than UAH 2.5 bln.Among its most important points is the major overhaul of blast furnace No. 9, in which almost a third of the program budget is being invested, since its primary tasks are aimed at maintaining the operability of the main equipment and production processes for the stable output of marketable products of the enterprise.The company's pilot investment project for the construction of an alternative power plant with the installation of solar panels at Kamet Steel is also among the priorities. Such projects have not yet been implemented at Metinvest's enterprises. Now a team of specialists is conducting a pre-projec
Products
2/10/2025

Zaporizhstal rolling mill workers: In the new year – with new technologies and savings

Last year, Cold Rolling Shop team of Zaporizhstal worked fruitfully to reduce the metal consumption rate and increase operational efficiency. We will tell you about the implemented activities and the team of the unit below.The final link in the production chain of the plant is Cold Rolling Shop. There, the team of seven process departments – pickling, rolling, heat-treatment, skin pass, tin plate, the third department, Sulphuric and Regeneration Unit and the product shipment section, as well as the team of the engineering service – prepares cold-rolled products for shipment to the consumer. This is skilfully done by the specialists of the shop and this is confirmed by the results of the shop for 2024. The Cold Rolling Shop professional implemented solutions for operational improvements, which brought $ 590 ths in savings – a significant contribution to joint work to improve competitiveness.Work effectively...First of all, rolling mill workers are working to reduce the metal consumption
Digest
2/9/2025

Metinvest – Ukraine’s Stronghold: Weekly Highlights (3-9 February)

The fight for Ukraine’s independence continues relentlessly, both on the front lines and at home. Metinvest Group remains operational, supporting the national economy and directing funds and resources to aid both defenders and civilians.Read more about last week’s events in Metinvest’s weekly digest.1Metinvest donates 200+ targets to train Ukrainian Armed Forces soldiers2Metinvest Zaporizhia enterprises increase their 2024 tax payments by a third3Kametstal expands its range of rolled metal for Polish consumers4Metinvest Polytechnic University offers English classes for veterans5Zaporizhstal employees donate 25 litres of blood in a donor drive6Two ball mills replaced at the Central GZK enrichment plant7Kametstal launches a record-breaking investment programme for 2025
Aid to fighters
2/7/2025

Metinvest donates 200+ targets to train Ukrainian Armed Forces soldiers

As part of Rinat Akhmetov’s Steel Front military initiative, Metinvest has produced and delivered over 200 training targets of various types, including balancing platforms, for Ukrainian Armed Forces training grounds.One of the recent batches was sent to the 56th Separate Mariupol Motorised Infantry Brigade, where soldiers are already honing their shooting skills and practising tactical manoeuvres using steel gongs.“The gongs we’ve received from Metinvest are incredibly useful. During rapid-fire drills, soldiers immediately hear if they’ve hit the target and know what to do next. These targets also help with speed shooting, movement exercises, and tactical coordination,” said an instructor from the 56th Brigade nicknamed Bychok.Training at the firing ground is conducted by experienced instructors with combat backgrounds. They teach soldiers how to operate in pairs, coordinate their actions, and maintain effective communication during combat missions. The training programme includes pa
Breaking News
2/6/2025

Zaporizhia-based Metinvest enterprises increase tax contributions by one-third in 2024, reaching UAH 3 billion

In 2024, Metinvest’s Zaporizhia-based enterprises – Zaporizhstal, Zaporizhvognetryv, Zaporizhkoks, and Zaporizhia Foundry and Mechanical Plant – collectively paid approximately UAH 3 billion in taxes and fees across all levels of government. This represents a 35% increase compared to 2023.“Ensuring stable operations in a frontline region is an extraordinary challenge in the current circumstances. On the one hand, we are implementing measures to enhance operational efficiency at our production sites. On the other, we are prioritising customer satisfaction and product quality to maintain export revenues, which help support the national economy. As long as our team continues working, Zaporizhstal remains committed to supporting the country, the military, and society, despite all the hardships and challenges of wartime,” said Taras SHEVCHENKO, Acting General Director of Zaporizhstal and Hero of Ukraine.Metinvest Group enterprises continue to be among Zaporizhia’s largest taxpayers, contrib
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