Zaporizhstal is located in the city of Zaporizhzhia, in a region with the highest per capita electricity output in Ukraine, close to raw material suppliers and steel consumers (pipe and machine building companies).

[3] After the collapse of the USSR and the independence of Ukraine, the mill fell into the hands of the Ukrainian government.

[4] According to court documents, the Midland Group sold its 50% stake in 2009 to then-independent investment bank Troika Dialog following a bidding war that included other Zaporizhstal shareholders.

[5] However, The Wall Street Journal reports that the mill was sold in an offshore transaction that included five separate companies and was financed by Russian state-owned Vnesheconombank.

Exports, delivered to 59 countries, accounted for 70% of Zaporizhstal's 2003 sales, with China, Middle Eastern states and the CIS among the main destinations.