11 November 2013
Metinvest Group and the Ukrainian Steel Construction Centre (USCC) organized the 2nd National Conference of Steel Construction Market Participants on November 6-7 in Kyiv.
More than 120 representatives of market operators participated in the event, the largest in the steel construction sector. Topics included areas for the sector's development, such as the promotion of steel construction among customers, elimination of technical barriers for steel use, minimization of construction costs due to the use of high-tensile steel grades, and reduction in fire protection costs.
The main event was the official launch of the Ukrainian Steel Construction Centre, a professional trade association, of which Metinvest is a member. The objective of USCC is to increase the share of steel structures in the construction of non-residential buildings from 25 to 60% in Ukraine and to create extra demand of 1 million tons by 2022.
On November 7, participants went on site visits to steel structure production facilities at Staltech and BF-Zavod. They also visited a service metal centre, Metinvest-SMC.
Dmytro Nikolayenko, Sales Director of Metinvest Group:
"Metinvest believes in the prospects of the steel construction in Ukraine. This is the right sector for investing funds, knowledge, and intellect. We believe that in the future it will help us to develop, be profitable and result in new jobs. Thanks to steel solutions, we can become more competitive in the market. Steel construction ensures a quick and maximal return on investment; it also has a lot of technological advantages, in particular flexibility in design and architectural decisions.”
- 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.
For more information, please visit www.metinvestholding.com.
Ukrainian Steel Construction Centre is an association of steel construction market players, including leading steel manufacturers and steel structure distributors, roofing and facade system producers, design and scientific organizations, and construction companies.