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Company Profile

 Metalloinvest Today

Metalloinvest is a leading global producer and supplier of HBI and iron ore products, and a regional producer of high quality steel.

Metalloinvest is the global leader in proven iron ore reserves on a JORC-equivalent basis. The Company has determined that its economically recoverable iron ore reserves amount to 15.4 billion tonnes, as of 1 January 2021.

The Company is:

  • the world leading producer of merchant HBI,
  • the second largest producer of pellets,
  • the largest iron ore company in Russia and the CIS,
  • producer of high quality steel.

The Company is a global producer of HBI and processes a large proportion of its iron ore into high added value products, such as pellets and HBI/DRI.

According to the Companys data, share of Metalloinvest on the Russian market in 2019 accounted for 39% for iron ore concentrate and sintering ore, 59% for pellets and 100% for HBI/DRI. The Company is also a leading regional producer of niche steel products.

Metalloinvest comprises of leading iron ore production facilities in Russia Lebedinsky GOK and Mikhailovsky GOK; steel mills Oskol Elektrometallurgical Plant and Ural Steel; a ferrous scrap enterprise Ural Scrap Company.

Metalloinvests sales and marketing operations are centralised. The managing company coordinates the Companys operations in the market, their production policy and external shipments, thereby achieving synergies and increasing the efficiency of production.

The Company strives to maintain a favourable social environment in the regions wh ere it is present and at each of its plants. Metalloinvest provides stable employment for more than 62 thousand employees and assists in solving actual problems in the regions wh ere it operates. The primary principle of the Company's social policy are outlined in the Corporate Social Responsibility and Charity Policy.

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