The biggest Ukrainian mining and metal-making company will be the principal supplier of iron ore and coke for Ilyich MMK (Mariupol) for 25 years. Vladimir Boyko (Ilyich MMK, president) believes this to be a protection against hostile takeover.
Metinvest’s capacities would enable 100-per-cent supply for both its own steelmaking divisions and Ilyich MMK, Sergei Hayda (Dragon Capital, analyst) confirms. Moreover, United Coal company in the U. S. allows it to increase coking coal import while fully covering the needs of MMK steel makers.