March Shipments of Metinvest Iron Ore Break 20-Year Record
OREANDA-NEWS. April 25, 2011. Iron ore enrichment companies of Metinvest, an international vertically integrated mining and steel group of companies, have shipped more than 3 Mtonnes of iron ore raw materials in March having reached therefore the highest level of monthly shipments since 1991. The main supply destinations are
The total volume of raw materials shipped by the three iron ore enrichment works (GOKs) that are part of Metinvest Group – Northern, Central, and Ingulets GOKs – has amounted to 3,079.4 Ktonnes in March. This is the highest level since January, 1991, when 3,043.5 Ktonnes were dispatched to customers. The main consumers of iron ore raw materials in
The record shipment is a result of the well coordinated work of GOKs, the logistics service of Metinvest’s Iron Ore Division and the “Ukrainian railways” national carrier that ensured the required speed of shipment.
"Vertical integration and an integrated production and sales planning center allows us to respond flexibly to the needs of steel producers. Our iron ore enrichment works consistently implement the continuous improvements programme to constantly raise production performance, ensuring our customers getting iron ore raw materials of the required quality, on time and in full volume", – noted Nikolay Ishchenko, director of Iron Ore Division of Metinvest.
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