Metinvest group’s metallurgical enterprises are operating at 30-50% of capacity,

Thursday, October 27, 2022
Metinvest group’s metallurgical enterprises are operating at 30-50% of capacity,

said the company’s general director, Yuriy Ryzhenkov. This has resulted from the current logistic difficulties, as the Black Sea ports are not available to export iron ore, steel, and coal. “We are forced to deliver goods by land routes, and their capacity, unfortunately, is either insufficient for significant supply volumes or very expensive for some of the goods that we supply,” said the head of the company. However, most of the plants under the group’s control were not affected by hostilities, Ryzhenkov said, so they should be able to return to pre-war production levels within 6 to 12 months.

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