NV highlighted that, in 2022-2023, Metinvest invested in the launch of new longwall mining operations for coking coal at Pokrovske Coal, the repair of coke batteries to maintain coke production at Kamet Steel, and the repair of the blast furnaces at both Zaporizhstal and Kamet Steel. Additionally, they invested in the capital repair of key equipment, such as the rolling mills at Zaporizhstal.

“For us, the most important investment ranking over the past 2.5 years is our contribution to Ukraine’s victory in the war. The steel industry, along with Metinvest, has been and continues to be a pillar of the Ukrainian economy. We produce steel for the restoration of destroyed infrastructure, steel products for the Armed Forces of Ukraine, and we export Ukrainian products worldwide, ensuring foreign currency inflows and significant tax payments. All of this requires continuous investment in our assets, which has not stopped for a single day since the full-scale war began,” commented Yuriy Ryzhenkov, CEO of Metinvest Group, on the company’s inclusion in the ranking of top investors.

Source: https://metinvestholding.com/ua