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Metalloinvest

Metalloinvest

Industry: 
Industrial Metals, Steel
Symbol: 
RU: METIN
Country: 
Russia
Contact Information: 
Sources: 

Metalloinvest LLC is listed as an attendee for the 2016 2nd Iranian Iron & Steel Conference taking place from September 26-28 in Isfahan, Iran. The event overview states: "There is much to discuss, with sanctions being removed, new projects and investment opportunities planned across Iran and an in-depth look at the central Asian region steel industry" (2nd Iranian Iron & Steel Conference, 2016). 

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"Iran plans to increase steel output, becoming an exporter of the metal, after U.S.-led sanctions over the country’s nuclear program reduced imports by 30 percent, an executive from the Islamic republic’s Esfahan Steel Co. said . . . Russian companies including OAO Magnitogorsk Iron & Steel and Metalloinvest (METIN) have been supplying steel to Iran." (Bloomberg, "Iran Plans To Raise Steel Output After Sanctions Cut Imports 30%," 6/26/12)