page_title: Metalloinvest
section_title: Related companies and subsidiaries
hierarchical_section_title: Metalloinvest / Related companies and subsidiaries
caption_attribution_description: MGOK
context_page_description: Metalloinvest Management Company LLC is a Russian mining and metallurgy company specializing in the manufacture of steel. It was founded in 1999 and is composed of a mining division and a steel division. USM Holdings Business Development owns 100% of Metalloinvest JSC. Alisher Usmanov is the major beneficiary of USM Holdings, with other major beneficiaries — the companies of Andrei Skoch and Farhad Moshiri — owning 30% and 10%, respectively.
context_section_description: Investments
  Metalloinvest Holding in Moscow
  In August 2017, Metalloivest Holding acquired shares in Nautilus Minerals together with Mawarid Offshore Mining.
  Mining 
  Lebedinsky Mining and Processing Integrated Works/Lebedinsky GOK in Gubkin, Belgorod Oblast; 20% share of domestic iron ore market
  Mikhailovsky Mining and Processing Integrated Works/Mikhailovsky GOK in Zheleznogorsk, Kursk Oblast; another 20% share of the domestic iron ore market
  Norilsk Nickel: in July 2017 Metalloinvest Cyprus, an indirect subsidiary of Metalloinvest, completed the sale of its 1.79% stake in mining company Norilsk Nickel. The sale raised around $400 million.
  Metallurgy 
  Ural Steel, based in Novotroitsk, Orenburg Oblast; large Russian integrated steel manufacturer. In 2017 SteelAsia announced an increase in the amount of steel to be purchased from Metalloinvest owned Ural Steel.
  Oskol Electrometallurgical Integrated Works in Stary Oskol, Belgorod Oblast; large electric steel manufacturer
  Oskol Trading Metallurgical Company LLC in Moscow
  Moldova Metallurgical Plant (MMP), large electric steel manufacturer
  Provider of 1.6 million tons of pellets and 1.8 million tons of iron to Evraz in a partnership deal signed in August 2017
  Mechanical engineering
  ORMETO – YUMZ Mechanical Engineering Group of Companies in Orsk, Orenburg Oblast; metallurgy, mining and energy engineering; industrial equipment manufacture
  Distribution and other
  Metalloinvesttrans, transport, rail transport, sea terminals
  OJSC Tulachermet
caption: Mikhailovsky GOK, one of the largest iron ore mining and processing facilities in Russia and the CIS.
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