 | This articleneeds additional citations forverification. Please helpimprove this article byadding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Metalloinvest" – news ·newspapers ·books ·scholar ·JSTOR(February 2025) (Learn how and when to remove this message) |
 | |
| Company type | Joint stock |
|---|---|
| Industry | Mining, metallurgy, steel |
| Founded | 1999 |
| Headquarters | Moscow, Russia |
Key people | Oleg Krestinin (CEO)[1] Nazim Efendiev (chairman of the board of directors)[2] |
| Products | Iron ore Steel Steel products |
| Revenue | $4.26 billion[3][4][5] (2016; 2017; 2023; 2024) |
| $1.14 billion[3][5] (2016; 2023; 2024) | |
| $1.15 billion[3][5] (2016; 2023; 2024) | |
| Total assets | $6.2 billion[3][5] (2016; 2023; 2024) |
| Total equity | $975 million[3][5] (2016; 2023; 2024) |
| Owner | USM Holdings (100%)[6] |
Number of employees | 60,000 (2014)[7] |
| Website | metalloinvest.com |
Metalloinvest Management Company LLC (Russian:Металлоинвест) is a Russian mining and metallurgical company specializing in iron ore extraction and steel production. Founded in 1999, the company includes a mining division (Lebedinsky GOK and Mikhailovsky GOK) and a steel division (Oskol Electrometallurgical Plant and Ural Steel, the latter sold in 2022).
Metalloinvest is wholly owned by USM Holdings.Alisher Usmanov is the principal beneficiary of USM Holdings, with additional stakes historically attributed to companies linked toAndrei Skoch andFarhad Moshiri.[6]
In 2021,Bloomberg reported that Metalloinvest was evaluating a potential initial public offering; however, as of 2025 the company remains privately held.[8]
In 2022, Metalloinvest reported revenue of 121 billion rubles.[9]
Metalloinvest previously held a minority stake in Norilsk Nickel, which it divested in 2017.[12]
Metalloinvest is part of the USM Steel & Mining division of USM Holdings. Historical corporate structure (held through Cyprus entities) included:
On 27 April 2020, long-time CEO Andrey Varichev died from complications related to bilateral pneumonia.[15]
Nazim Efendiev served as CEO from 2020 to December 2023. In December 2023, Efendiev became Chairman of the Board of Directors, and Oleg Krestinin was appointed CEO.[16]
Major domestic competitors includeEvraz andNovolipetsk Steel.
{{cite web}}:Missing or empty|title= (help){{cite web}}: CS1 maint: archived copy as title (link)