History
Very early, the founder of Leman Commodities SA recognized that Ukraine had substantial mining and industrial resources, but could not offer the same competitive advantages in terms of international trade as a global trade centre. This is the reason why Leman Commodities (which became Metinvest International SA in December 2007) was established in 1997 in Geneva.
Twelve years later, Metinvest International is one of the largest international steel trading companies in the world thanks to long lasting business relationship with local and international partners, banks and clients.
In 2008, Metinvest International continued its strong growth despite the unfavorable world economic situation in the last quarter:
- The net annual sales rose 75 % to USD 6.5 billion.
- The sales volume of steel products increased by 21.7 % to 12.7 millions metric tons.
Today, Metinvest International handles 9% of the world market for pipes, 9% for merchant slabs, 12% for merchant square billets, and 4% for heavy plates.
As part of the
Unlike other trading companies, Metinvest International’s key advantage is that it has access to the full range of the Metinvest Group’s production, which guarantees a high level of stability for its sourcing and its trading activities.
Thanks to our proximity to major European commercial banks, we have been able to help our clients in finding a wide range of financial instruments and payment options for their purchases.
Today, Metinvest International employs more than 200 people at its Geneva head office and in a network of 11 representations and 2 agencies which cover major global steel markets.
