Financial and Operating Information

Metalloinvest is the largest manufacturer of iron ore products in the CIS.

Producers of iron ore in the CIS countries, 2007

Mln tons

METALLOINVEST

41.0

Metinvest (Ukraine)

36.6

Evraz

25.3

ENRC

16.8

Severstal

15.1

NLMK

13.4

Arcelor-Mittal (CIS)

12.6

Ferrexpo

10.7

Privat / Smart

8.8

Eurochem

5.2

Mechel

5.0

Minnerfin

4.4


The Holding has access to largest explored iron ore reserves in the world and is among the top five non-integrated global iron ore producers. In 2007 METALLOINVEST produced over 41 million tons of commercial iron ore, which made the Company the fourth largest producer in the world after Vale, Rio Tinto and BHP Billiton.

Non-integrated producers of iron ore products in the world, 2007

Mln tons

Vale (including MBR), Brazil

295.9

Rio Tinto (including Hope Downs), Australia

178.1

BHP Billiton (Australia)

126.6

METALLOINVEST (Russia)

41.0

Cleveland-Cliffs (USA)

38.0

Metivest (Ukraine)

36.6

Anglo American (Kumba) (RSA)

32.4

LKAB (Sweden)

24.0

US Steel (USA)

21.0


METALLOINVEST is among the top five steel producers in Russia. The Holding has a strong presence in Russia’s niche steel products market, occupying the leading positions for a number of product types

METALLOINVEST’s share on the Russian metal products market in 2007*

Market share (%)

Sales volume

(thousands tons)

Pipe shells

51

569

Strips for large-diameter pipes

18

295

Bridge steel

65

142

Plate iron

12

775

Bearing steel

53

53

Products for metalware companies

49

200

* Free market data, excluding the intra-holding deliveries.