Ukrrudprom reported that Ukrainian mining & metallurgical giant Metinvest is considering the possibility of building a new plant in Bulgaria. Metinvest CEO Mr Yuri Ryzhenkov announced this in an interview with the European Business Association. According to him, raw materials for new plants can be supplied from enterprises in Krivoy Rog. However, the group is considering different scenarios. He said “But, again, in order to do this, you need to be sure that we will be able to supply ore from Krivoy Rog to these countries. This is possible, but not guaranteed. We are considering different scenarios and technology strategies.” Mr Ryzhenkov also said that earlier the company intended to invest in a large plant in Italy, which was planned to be built in the next 3-4 years. But the proposed construction was connected, among other things, with the supply of slabs from Azovstal & now it is more difficult, because you need to look for synergy with the assets that the company has Metinvest already has a Promet Steel plant in Bulgaria with a capacity of 500,000 tonnes of rolled metal per year. The company is located 25 kilometers from the port of Burgas, within the village of Debelt. The port and the plant are interconnected by road and railroads.
Ukrrudprom reported that Ukrainian mining & metallurgical giant Metinvest is considering the possibility of building a new plant in Bulgaria. Metinvest CEO Mr Yuri Ryzhenkov announced this in an interview with the European Business Association. According to him, raw materials for new plants can be supplied from enterprises in Krivoy Rog. However, the group is considering different scenarios. He said “But, again, in order to do this, you need to be sure that we will be able to supply ore from Krivoy Rog to these countries. This is possible, but not guaranteed. We are considering different scenarios and technology strategies.” Mr Ryzhenkov also said that earlier the company intended to invest in a large plant in Italy, which was planned to be built in the next 3-4 years. But the proposed construction was connected, among other things, with the supply of slabs from Azovstal & now it is more difficult, because you need to look for synergy with the assets that the company has Metinvest already has a Promet Steel plant in Bulgaria with a capacity of 500,000 tonnes of rolled metal per year. The company is located 25 kilometers from the port of Burgas, within the village of Debelt. The port and the plant are interconnected by road and railroads.
