Metalloinvest

Mining • Lebedinsky GOK, Gubkin, Belgorod Oblast. One of Russia's largest iron ore producers. • Mikhailovsky GOK, Zheleznogorsk, Kursk Oblast. Metalloinvest previously held a minority stake in Norilsk Nickel, which it divested in 2017. Metallurgy • Oskol Electrometallurgical Plant (OEMK), Stary Oskol, Belgorod Oblast. • Ural Steel, Novotroitsk, Orenburg Oblast – sold to the Zagorsky Pipe Plant in February 2022. Other divisions • Metalloinvesttrans, responsible for transportation and logistics, including rail operations. • ORMETO–YUMZ, mechanical engineering, Orsk. • Safisa, an events venue acquired in 2022. == Ownership ==

Metalloinvest is part of the USM Steel & Mining division of USM Holdings. Historical corporate structure (held through Cyprus entities) included: • USM Steel & Mining Group Limited – 35% • Metalloinvest Limited – 24% • Seropaem Holdings Limited – 21% • USM Investments Limited – 20% == Leadership ==

On 27 April 2020, long-time CEO Andrey Varichev died from complications related to bilateral pneumonia. Nazim Efendiev was CEO from 2020 to December 2023. In December 2023, Efendiev became Chairman of the Board of Directors, and Oleg Krestinin was appointed CEO. == Competition ==

Major domestic competitors include Evraz and Novolipetsk Steel. == See also ==