In April 2009, United Coal Company was acquired by Metinvest, an international, vertically integrated mining and steel group of companies.

Metinvest Group comprises 23 industrial companies leading the mining and steel industry of Ukraine and the Commonwealth of Independent States. In Europe, Metinvest is represented by Ferriera Valsider and Trametal – Italian re-rolling companies – and British carbon steel plate producer Spartan UK. The acquisition of Bulgarian steelmaker Promet Steel is to be accomplished soon. 

Together, these companies have an annual production capacity of 10.8 million tons of crude steel, more than 11 million tons of rolled stock and semi-finished steel, more than 5 million tons of metallurgical coke, and more than 40 million tons of iron ore – enough to meet the Group’s internal demand in steelmaking raw materials and to be a key supplier to major steelmaking companies in Europe and Asia.

The enterprises of Metinvest Group manufacture a variety of products: from steelmakers’ raw materials (BF coke, iron ore concentrate and pellets, fluxes) and chemicals produced by the Group’s coke and chemicals assets, to the vast assortment of high-quality steel products and SAW line pipes distributed worldwide through a global sales network covering more than 70 regional markets.

Metinvest is a dynamically developing company and sets ambitious goals of economic efficiency, competitiveness and total professionalism. The company pursues flexible sales policy, establishing long-term, mutually beneficial relations with its customers. With all the critical success factors in place today, Metinvest is determined to grow into the global leader in steel sales, service and innovations.

UCC’s significant reserves of high-quality metallurgical coal assist Metinvest’s coke and chemical facilities in producing a better quality feedstock. As a result, Metinvest’s steel works are provided with a higher quality coke, thereby reducing iron production costs and improving quality characteristics. This enhances the Group’s opportunities in current and prospective sales markets.

For more information on Metinvest Group, visit www.metinvestholding.com/en/.