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Metinvest Opens New Metal Center in Mariupol

06/03/2011 - Metinvest has further expanded its distribution network with the opening of new metal center in Mariupol by Metinvest SMC. The new center is located near Metinvest’s Azovstal and MMKI mills.

Metinvest has further expanded its distribution network with the opening of new metal center in Mariupol by Metinvest SMC. Planned volumes of sales for 2011 will amount to about 50,000 tonnes.
 
SMC in Mariupol is located in the neighborhood of Metinvest’s Azovstal and MMKI mills, which will help to enable a smooth and timely delivery of the mills’ products. It is anticipated that monthly sales volume of new metal center will amount to 7,000 tonnes in 2011.
 
Vertical integration, as well as ongoing analysis of market trends and client needs, affords the company the flexibility to respond to changes in demand as well as to align a consistent development of retail network sales with exceptional high-quality services.
 
“Historically, domestic market has always been of the first priority for us,” said Dmitriy Nikolaenko, Sales Director of Metinvest Group’s Steel & Rolled Product Division I. “The development of distribution network is an important part of strategy aimed at timely satisfaction of our customers’ needs. This year, we are also planning to open metal centers in Lvov and Vinnitsa. Thereby, a complete range of steel products and high-quality service will be available for consumers in major regions of Ukraine.”
 
Metinvest, an international vertically integrated mining and steel company, owns 24 assets in Ukraine, Europe and the United States. The company manages each link of the production chain, from iron ore, coal mining and coke production to semi-finished and finished steel production, including the manufacture of plate and coil, pipe rolling, shapes and bars and other value-added products.
 
Metinvest is the largest iron ore producer in Ukraine, and was the sixth-largest producer globally in 2009. Metinvest is ranked amongst the ten largest steel plate producers in the world, placed 28th largest steel producer in the world according to World Steel Association and the second largest producer of steel in Ukraine, having produced 24.0% of all steel manufactured in the country in 2009. In November 2010 Metinvest acquired Ilyich Steel, one of the largest steelmaking companies in Ukraine.