Metalloinvest

July 25, 2008 at 14:54
Metalloinvest is one of the largest and dynamically developing holdings in Russia which is founded for realization zoom investment projects in metallurgy, mining industry and heavy machine-building.

Holding includes leading enterprises of metallurgical, mining and machine-building industry branches:

Mining division:

- Lebedinskii ore mining and processing complex

- Mihailovskii ore mining and processing complex

Metallurgical division:

- Ural steel

- Oskol electrical metallurgical center

Transport business:

- Metalloinvesttrans

Leasing:

- Metalloinvestleasing

Metal scraping business:

- UralMetCom

Oil assets:

Machine-building concern ORMETO – YUMZ.

The company is a leader in Russia in the sphere of producing iron-ore raw and produces nearly 40 million ton iron-ore raw for year that is 41% of general production of Russian mining industry.

Perspective development gives the opportunity to get leading positions at Russian mining and metallurgical market using development strategy of the company as a whole holding, by rising the ranges of the production with high added cost in the result of new technologies introducing and production plant improvement.

Today management system of all enterprises quality which are managed by Metalloinvest – Ural steel, Oskol electric metallurgical, Lebedinskii and Mihailovskii ore mining and processing complexes is admitted to become standard ICO 9001.

Management company Metalloinvest was founded for the effective asset management of the holding. Holding is going to build metallurgical plant Hamriah Steel in the United Arab Emirates (UAE) that will produce 1 million tons of reinforcing bar for a year.