Metalloinvest Management Company LLC (russian: link=no, Металлоинвест) is a Russian mining and
metallurgy company specializing in the manufacture of
steel. It was founded in 1999 and is composed of a mining division (Lebedinsky GOK and Mikhailovsky GOK) and a steel division (Oskol Elektrometallurgical Plant (OEMK) and Ural Steel). USM Holdings Business Development owns 100% of Metalloinvest JSC.
Alisher Usmanov
Alisher Burkhanovich Usmanov (russian: Алишер Бурханович Усманов; born 9 September 1953) is an Uzbek-born Russian businessman and oligarch. By 2022, Usmanov had an estimated net worth of $19.5 billion and was among the w ...
is the major beneficiary of USM Holdings (60%), with other major beneficiaries — the companies of
Andrei Skoch and
Farhad Moshiri — owning 30% and 10%, respectively.
In August 2021
Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Tele ...
announced the first
IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
of Metalloinvest in 2022 with around 22 billion dollars due diligence.
Related companies and subsidiaries
![Mgok-3](https://upload.wikimedia.org/wikipedia/commons/f/f2/Mgok-3.jpg)
Investments
*
Metalloinvest Holding in Moscow
*In August 2017, Metalloivest Holding acquired shares in Nautilus Minerals together with Mawarid Offshore Mining.
Mining
*
Lebedinsky Mining and Processing Integrated Works/
Lebedinsky GOK in
Gubkin
Gubkin (russian: Гу́бкин, ) is a town in Belgorod Oblast, Russia, located northeast of Belgorod on the Oskolets River, a tributary of the Oskol River. Population:
History
It was founded in the 1930s in place of the village of Korobkovo ...
,
Belgorod Oblast
Belgorod Oblast (russian: Белгоро́дская о́бласть, ''Belgorodskaya oblast'') is a federal subject of Russia (an oblast). Its administrative center is the city of Belgorod. Population:
History
At the turn of the 17th c ...
; 20% share of domestic iron ore market
*
Mikhailovsky Mining and Processing Integrated Works/
Mikhailovsky GOK in
Zheleznogorsk, Kursk Oblast
Zheleznogorsk (russian: Железного́рск) is a types of inhabited localities in Russia, town in Kursk Oblast, Russia, located northwest of Kursk. Its population according to censuses taken in varying years is:
History
Zheleznogorsk w ...
; another 20% share of the domestic iron ore market
*Norilsk Nickel: in July 2017 Metalloinvest Cyprus, an indirect subsidiary of Metalloinvest, completed the sale of its 1.79% stake in mining company Norilsk Nickel. The sale raised around $400 million.
Metallurgy
*Ural Steel, based in
Novotroitsk
Novotroitsk (russian: Новотро́ицк) is a town in Orenburg Oblast, Russia, located on the right bank of and along the Ural River, from Orenburg, on the border with Kazakhstan. In the east Novotroitsk almost borders Orsk: the distance ...
,
Orenburg Oblast; large Russian integrated steel manufacturer. In 2017 SteelAsia announced an increase in the amount of steel to be purchased from Metalloinvest owned Ural Steel. In February 2022, Metalloinvest announced the sale of 100% of "Ural Steel" to Zagorsky pipe plant.
*
Oskol Electrometallurgical Integrated Works in
Stary Oskol
Stary Oskol ( rus, Старый Оскол, p=ˈstarɨj ɐˈskol) is a city in Belgorod Oblast, Russia, located south of Moscow. Population: It is called Stary Oskol (Old Oskol) to distinguish it from Novy Oskol (New Oskol) 60 km south. B ...
,
Belgorod Oblast
Belgorod Oblast (russian: Белгоро́дская о́бласть, ''Belgorodskaya oblast'') is a federal subject of Russia (an oblast). Its administrative center is the city of Belgorod. Population:
History
At the turn of the 17th c ...
; large
electric steel manufacturer
*
Oskol Trading Metallurgical Company LLC in Moscow
*
Moldova Metallurgical Plant (MMP), large electric steel manufacturer
*Provider of 1.6 million tons of pellets and 1.8 million tons of iron to Evraz in a partnership deal signed in August 2017
Mechanical engineering
*
ORMETO – YUMZ Mechanical Engineering Group of Companies in
Orsk
Orsk (russian: Орск) is the second largest city in Orenburg Oblast, Russia, located on the steppe about southeast of the southern tip of the Ural Mountains. The city straddles the Ural River. Population: It lies adjacent to the Kazakhstan– ...
,
Orenburg Oblast; metallurgy, mining and energy engineering;
industrial equipment
Industrial technology is the use of engineering and manufacturing technology to make production faster, simpler, and more efficient. The industrial technology field employs creative and technically proficient individuals who can help a company ac ...
manufacture
Distribution and other
*
Metalloinvesttrans, transport, rail transport,
sea terminals
*
OJSC Tulachermet
HoReCa
* Safisa, restaurant
Competition
Domestic competitors include
Evraz Group and
Novolipetsk Steel
Novolipetsk Steel, or NLMK, is one of the four largest steel companies in Russia. NLMK's share of domestic crude steel production is about 21%. It primarily produces flat steel products, semi-finished steel products and electrical steels. NLMK a ...
.
See also
*
List of steel producers
This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. This list ranks steelmakers by volume of steel production in millions of tonnes and includes all steelmakers with product ...
References
External links
Metalloinvest
{{authority control
Steel companies of Russia
Mining companies of Russia
Companies based in Moscow
Russian brands