4 November 2013
Metinvest Group’s Kryviy Rih-based iron ore enrichment works plants’ pellets and iron ore concentrate topped the “Industrial and Technical Products” category in the “100 Best Ukrainian Products” quality competition.
Northern iron Ore and Central Iron Ore submitted their non-fluxed pellets for consideration in the competition, while Ingulets Iron Ore submitted high quality premium concentrate with Fe content of 67% and above. All of these products were recognised as the best in Ukraine in their categories.
The winners of the national competition received awards during a ceremony on 1-2 November in Kyiv.
"Metinvest's iron ore products were again recognized as the best in Ukraine,” said Nikolay Ischenko, mining division director of Metinvest Group. “This is more evidence that Metinvest's products are customer-oriented and consistently high quality. Today, our products, iron ore pellets and concentrate, are competitive and enjoy stable demand domestically and internationally. Winning the ‘100 Best Ukrainian Products” competition is the evidence that Metinvest's iron ore plants are leaders in Ukraine's mining industry.”
Now in its tenth year, more than 12,000 enterprises, predominantly small and medium sized businesses, have participated in the “100 Best Ukrainian Products” competition, submitting over 3,000 types of products and services from all regions of Ukraine. Metinvest Group's mining division enterprises have been active participants in the competition.
- For editors:
Metinvest Group is a vertically integrated group of steel and mining companies that manages every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. It has steel and mining production facilities in Ukraine, Europe and the US, as well as a sales network covering all key global markets. Its strategic vision to become the leading vertically integrated steel producer in Europe, delivering sustainable growth and profitability resilient to business cycles and providing investors with returns above industry benchmarks. The Group reported revenue of USD 3.1 billion and an EBITDA margin of 15% in the first quarter of 2013.
The major shareholders of Metinvest B.V. (the holding company for Metinvest Group) are SCM Group (71.25%) and Smart-Holding (23.75%), which partner in the Group’s management.
Metinvest Holding, LLC is the management company of Metinvest Group.