Steel industry oligarchs - Russia & Ukraine - metals and mining.



IRON AND STEEL INDUSTRY OLIGARCHS

Metals and mining industry billionaires


First nameSurnameCompanyPrincipal steel industry / related assets
AlexanderAbramovEvrazHoldingNTMK, Zapsib, NKMK, Palini e Bertoli, Vitkovice Steel, Oregon Steel, Claymont Steel, Dneprovsk I&S, Ipsco Canada. Also ownership stakes in Evrazruda, Kachkanarsky (KGOK) and Vysokogorsky (VGOK) iron ore mines, in Yuzhny GOK iron ore and in Dniprkoks; Raspadskaya, Yuzhkuzbassugol and Mezhdurechenskaya coal and in Highveld Steel & Vanadium in South Africa
RinatAkhmetovSystem Capital Management / MetinvestAzovstal, Yenakiyevski I&S, Khartsyzk T&P, Zaporizhkoks, Donetskkoks, Italy's Ferriera Valsider; Severny GOK and CGOK ore mines. SCM also acquired the Smart Group (see below) end-2007
LeonardBlavatnikAccess IndustriesBogatyr coal mine
GennadyBogolubovPrivat GroupOwnership of various global manganese mining assets via Palmary Enterprises; see also under Igor Kolomoisky
VolodymyrBoykoIlyich Iron & Steel Works (Mariupol)No other steel or related businesses identified
OlegDeripaskaRusalPlanned purchase of stake in Norilsk Nickel, Q1 2008
KonstantinGrigorishinMetallurgia GroupMetallurgia formerly owned the Zaporizhya Ferroalloy Plant and Dneprospetsstal, both of which now belong to the Privat Group
VitaliyHaydukIndustrial Union DonbassSee under Serhiy Taruta
BorisIvanishviliMetalloinvestSold Mikhailovsky ore mine to Alisher Usmanov in 2005
VasylKhmelnytskiy ZaporizhstalNo other steel or related businesses identified
IgorKolomoiskyPrivat GroupDnipropetrovsk Metallurgy Kombinat (Petrovka), Dniprospetsstal, Zaporizhia Ferrous Alloy Plant, Yuzhny GOK
VladimirLisinNovolipetsk SteelDanSteel, VIZ-Stal, Stoilensky GOK iron ore mine, Altai Koks
IskanderMakhmudovUGMKSerov Iron & Steel Works; major stake in Kuzbassrazrezugol coal mine; Bogoslovsk Iron Ore Mine; JSC Metmash bearings / wheel plant; historic involvement with Trans-World Group (once the largest metal trader in Russia)
AlexeiMordashovSeverstal [Cherepovets]Dzerzhynsky Electric Steel Works, Severgal, Izhorsk, Orlovsky Rolling Mill, Rouge Industries, Lucchini, Sparrows Point, Vorkutaugol, Vorgashorskaya Coal Mine, Kuzbassugol, Olkon Iron Ore, Karelskiy Okatysh, Vtorchermet
VadimNovinskySmart GroupMakeyevka Steel Plant, Promet Steel [Bulgaria]; Inguletsky Mining and Concentrating Plant in Ukraine. Smart Group is now owned by SCM.
ViktorPinchuk InterpipeNovomoskovsk pipe plant, Niko Tube, Nizhnedneprovsky Tube Rolling Plant, VtorMet Recycled Metals Plant
VladimirPotaninInterros Ownership stake in Norilsk Nickel
MikhailProkhorovOnexim GroupInterests in Norilsk Nickel and in Rusal. Prokhorov is also Chairman, Polyus Gold [Russia's largest gold producer]
DmitriyPumpyanskiyTMKTagmet, Seversky, Sinarsky, Volzhsky pipe plants
ViktorRashnikovMagnitogorsk Iron & SteelNew Steel International [US]; cold rolling joint venture with Atakas in Turkey; stake in Fortescue Metals Group; Kazankovskaya coal mine; Bakal ore mines (51%); Belon coal mine (50%)
AnatolySedykhUnited Metallurgical CompanyVyksa Steel Works, Chusovoy, Almetyevsk Steel Works, Trubodetal, Shchelkovo Metallurgical Works, Troitckaya coal mine, Gubakha Coke Works, Belgorodskaya Iron Ore Mining Company
EduardShyfrin Midland GroupZaporizhstal; Sholokhovskoe coal dressing plant; also an equity stake (through sale of Red October) in RusSpetStal
AndreiSkotchMetalloinvest30% ownership stake with Usmanov (50%) and Anisimov (20%)
SerhiyTarutaIndustrial Union DonbassAlchevsk, Kramatorsk, Dneprovsky I&S Works, Dneprovsky Tube Works, Krasnolimanska Coal, Dunaferr, DAM, Huta Stali Czestochowa
AlisherUsmanovMetalloinvest / GazmetalOskol, Urals Steel (formerly Nosta); Ribnita Steel Works in Moldova; Lebedinsk & Mikhailovsky ore mines, UralMetCom, Hamriyah Steel [UAE]
SergeyVeremeenkoEstar HoldingZlatoust Metallurgical Works, Novosibirsk Metallurgical Works (Kuzmin), Gurievsky Metallurgical Plant, Rostovsky Electric Metallurgical Plant, Nytva Metallurgical Plant, Volgograd Small Diameter Pipe Works, Engels Pipe Factory
VladimirYorikhMechelFormer large shareholder of Mechel [together with Igor Zyuzin]
KostyantinZhevagoPoltava GOK iron ore mineFerrexpo
BorisZubitskiKOKS GroupIndustrial Metallurgical Holding, Tulachermet, Uchastok Koksovy coal mine, Berezovskaya coal enrichment plant, Kruglogorsky GOK iron ore mine
YukhymZvyahilskyyZasyadko coal mineNo other steel or related businesses identified
IgorZyuzinMechelBeloretsky Steel, Vyartsilya Steel, nickel producer Yuzhuralnikel, Bratskiy Ferroalloy Works, Izhstal; Southern Kuzbass and Razrez Tomusinsky / Olzherassky / Krasnogorsky Coal; Yakutugol and Elgaugol coal mines

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The list above covers current ownership positions in the international steel sector in H1 2008. The industry coverage includes iron and steelmaking and upstream iron ore, as well as the production of related metals. Please let us know of any significant errors and / or omissions. Thank you.





Steel oligarchs
list compiled by
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Metals Consulting
International

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