OREANDA-NEWS. March 31, 2008. The procedure of registration of Metinvest-SMC-Beograd, the first retail sales entity of Metinvest Group abroad, has been completed. The new born company is to ship Metinvest steel products to Balkanian regional market, reported the press-centre of SCM.

The sales mix of the company will be comprised  primarily of the rolled products of the three Ukrainian steelmaking companies: Azovstal Iron & Steel  Works, Yenakievo Steel Works, Makeyevka Steel Works along with Bulgarian Promet Steel.

Previously Metinvest used to sell its products on Serbian market at wholesale via the representative office of Leman Commodities S.A. in Belgrade. With the establishment of a genuine steel service centre directly in heart of Serbian market Metinvest has gained an opportunity to optimize the system of reciprocal payments with customers, decrease significantly the lag between the order placement and products shipment and expand the mix of products in complete bundles.

 “Establishment of a steel trading company in Serbia is the first step towards creation of the network of foreign service centres”, pointed Dmitriy Nikolayenko, director of Metinvest-SMC company. “This year we are planning of selling 150 Kt of rolled steel products in Serbia”, he added. 

The products of steel service centre in Belgrade will also be shipped to the clients in Croatia and Macedonia.