METINVEST HOLDING is striving to be one of the most efficient world class companies in mining and metals business.
Achieving this goal will be realized through balanced solution of business development targets, social and environmental protection issues. It is crucially important for us to make profit from the business by creating added value for the shareholders, consumers, our employees and the society as a whole.
Key elements of METINVEST HOLDING strategy:
- To be a leader in economic efficiency
- Minimisation of production costs and achieving the best cost effeciency
among the steelmaking companies through constant operational improvements, introduction of energy saving technologies and equipment - To ensure long term competitiveness
- Investments into up-to-date highly efficient technologies
- Vertical integration of the Group’s enterprises
to ensure most effective implementation of intra-industrial synegries - Expansion of the presence on attractive and profitable markets
through increasing the share of high value added products in our product mix and constant improvement of products quality - To be priority company
- For employees: provision of conditions for productive labour and opportunities of professional development - from workers to top-managers.
- For customers: by ensuring highest level of products quality and reliability of shipments.
- For investors and partners: by ensuring transparancy, financial stability and reliability in fulfillment of engagement
- To be safe and freindly company
- Provision of the highest level of workplace safety
to the workers at our production companies - Reduction of negative environmental impact of out production activity
by implementing environmental friendly technologies - Raising the level of social responsibility of the Company
The strategic objectives will be reached by the following means:
STEEL AND ROLLED PRODUCTS MANUFACTURING
Costs reduction and production efficiency improvement
- Total modernization of blast-furnace production facilities
- Reconstruction of the existing and construction of new facilities for steel continuous casting
- Introduction of energy saving technologies
- Phase out of OHF steelmaking process – corresponding increase in the volumes of BOF steel produced
Quality improvement and product mix expansion
- Construction of light-section mill at Yenakievo Steel
- Reconstruction of plate mill at Azovstal leading to increasing production volumes
- Construction of hot-strip mill
COAL MINING AND COKE PRODUCTION
IRON ORE MINING AND IRON ORE RAW MATERIALS PRODUCTION
- Production volumes increase
- Provision of guaranteed high quality of products
- Expansion of sales geographically and long-contracts utilisation
- Investmentsintomost advanced technologies of environmental protection and labour safety improvement.
