Middle East and Africa
Performance highlights 2015
In 2015, the Company continued to implement its initiatives aimed at decreasing ore extraction and processing costs and improving competitiveness in the global market through the optimisation of ore processing and by increasing operational efficiency.
In 2015, metalloinvest worked to sustain its liquidity position and optimise the company’s debt structure. funds raised on the domestic and international capital markets allowed the company to improve its debt repayment schedule.
Metalloinvest’s strategy is aimed at strengthening the Company’s leading positions in the HBI/DRI segment in the global market, and in the iron ore products segment in the regional market.
Enhance the scale and quality of business
Ensure sustainable growth and higher long-term value
Increase share of the global market for high-quality Metallics stocks, mainly HBI/DRI
Strengthen the Company’s position in the highquality rolled steel market
Improve operational and management efficiency
Focus on efficient development of existing iron ore deposits
Reduce cash cost of production and processing operations
Optimise existing processes and integrate new technologies
Increase investment attractiveness
Promote a balanced approach to ensure talent development and protection of communities and the environment
Our effective governance framework, strong qualifications and the co-ordinated efforts of our people, along with consistent progress in implementing our production and investment programmes mean that we can look to the future with confidence.
Ivan StreshinskyRead more >Read more
Chairman of the Board of Directors
Overall, a balanced development strategy, meaningful governance framework at all levels, high qualifications and the co-ordinated efforts of our people allow us to achieve strong results today and in the future. I would like to thank our employees, customers and partners for their invaluable cooperation.