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GISMETEO.RU
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Business    

Metinvest plans to invest $1.5-bln/year over next four years, CEO says
Journal Staff Report

KYIV, Jan 6 – Metinvest currently has planned its investment program at the level of $1.3-1.5 billion per year over the next three to four years, further investments will depend on how the company develops green metallurgy, Metinvest Group CEO Yuriy Ryzhenkov said in an interview with Metal Expert.

According to him, the decarbonisation trend focuses on the steel industry. However, there are already well-studied low-carbon technologies, including direct reduced iron (DRI) in combination with electric arc furnaces (EAF). Metinvest's efforts in decarbonisation are related not only to climate, but also to renewal and entry into new markets (in terms of efficiency and product quality).




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