Metinvest Shipments of Steel to CIS Grew by 90% in 2010
OREANDA-NEWS. December 22, 2010. For 10 months of 2010 Metinvest-Ukraine, a wholesale distribution channel of Metinvest’s Steel and Rolled products division sales service, increased its shipments of steel products to CIS countries by 90% up to 135 thousand tones vs. 71 thousand tones in previous year.
In 2010 Metinvest-Ukraine managed to have substantially increased the sales volume: shipments to Central Asia grew by 137% up to 54 thou tones; in Transcaucasia region 28 thou tones were sold having thus exceeded the 2009 sales by 65%; sales to
Dmitriy Nikolaenko, acting Sales Director of the Steel and Rolled Product Division noted that the serious rise in sales, in particular, on
“This year a considerable growth of volumes sold to CIS countries took place as we were able to significantly increase volumes of R65 rails sold to meet the demand of national railway authorities. Rails constituted a share of 40% in our total sales. Besides, a client-oriented approach and in-depth study of markets were also good promoters for sales”, — Oleg Olshanskiy, Chief Executive Officer of Metinvest
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