Mr. Ryzhenkov started by saying that Metinvest has managed to produce about 50 types of new steel products even during the war. Also, it was able to supply steel products to southern Europe, Turkey, Egypt and China, following the opening of the Black Sea trade corridor in 2023. With that in mind, the company plans to increase its steel exports especially to North Africa and Turkey this year. Metinvest’s iron ore beneficiation plant Kryvyi Rih GZK will provide high-quality iron ore that can be used for direct reduction iron production. The construction of the green steel plant will take about two to three years.
