2013
December
Metalloinvest and Sberbank signed an agreement to refinance an existing credit facility issued by the bank for RUB 55 billion.
December
Ural Steel completed modernisation works at Sintering Machine #4. As a result, the machines annual production capacity increased by 10%.
September
Metalloinvest organised the first Hot Briquetted Iron (HBI) Application in Steelmaking: Technology, Financing and Markets conference at Lebedinsky GOK.
August
OEMK commissioned a modern sewage-water treatment facility, which significantly improved the quality of sewage-water treatment, reducing river water intake by half and cutting sewage-water discharge into the Oskol River.
June
OEMK brought a new exhaust gas purification unit into pilot operation at electric arc furnaces #3 and #4. The installation of the gas purification unit enabled the Company to reduce dust emissions at the two furnaces by 50%. Dust levels in the workplace have fallen on average by 100%.
June
Ural Steel completed the planned decommissioning of the open-hearth production in order to improve cost efficiency and environmental safety.
April
Moodys Investors Service upgraded the Companys credit rating from Ba3 to Ba2 with a stable outlook.
April
Fitch Ratings revised Metalloinvests rating outlook from stable to positive and reaffirmed its BB- long-term issuer default rating.
February
Metalloinvest elected a new Board of Directors, which included Irina Lupicheva, Non-Executive Director and the first woman to serve on the Companys Board.
February
Metalloinvest issued rouble-denominated bonds worth RUB 10 billion with a coupon rate of 8.9% per annum, maturing in 2023 with an early redemption option in 2018.