Ukraine’s Metinvest to build steel plant in Italy

“Many people talked about the fact that we are considering the possibility of building a new plant in Italy. Indeed, this is the case,” Metinvest CEO Yuriy Ryzhenkov said in an interview on the group’s website. Ryzhenkov provided no technical details on the plant or what products it would produce. However, he noted that the group would use high-quality iron pellets from Ukrainian iron ore mines and processing plants.