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

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 ...

; 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 ...

References

External links

Metalloinvest
{{authority control Steel companies of Russia Mining companies of Russia Companies based in Moscow Russian brands

Related companies and subsidiaries

Competition

See also

References

External links