Metalloinvest completed the sale of greenhouse gas emission reduction units (ERUs) in line with the Kyoto Protocol to the United Nations Framework Convention on Climate Change. The proceeds from the sale were invested in projects related to the implementation of modern technologies at Metalloinvests enterprises in order to reduce their environmental footprint.
Metalloinvest signed a contract with a consortium made up of Siemens Metals Technologies (Austria) and Midrex Technologies, Inc. (USA) to build HBI-3 Plant at Lebedinsky GOK in Gubkin (Belgorod region).
Standard & Poors Ratings Services assigned Metalloinvest a BB- long-term credit rating with a positive outlook.
Metalloinvest signed an agreement with Linde (Germany) to build a new oxygen facility at OEMK with a cryogenic air separation unit with a capacity of at least 20,000 m3/h of oxygen.
Metalloinvest sold its transport subsidiary Metalloinvesttrans to Globaltrans.
Ural Steel commissioned Air Separation Unit #5 in the oxygen compression shop and installed a vacuum degasser in the electric arc furnace shop.