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Daily Archives: 30.08.2010

Zaporizhstal to start hot testing its new PCI plant in September

ZaporizhstalBy admin30.08.2010Leave a comment

It is reported that the Ukrainian steelmaker Zaporizhstal has finished the construction and installation works at its new pulverized coal injection plant and plans to start hot testing in September.The installment of PCI technology at the mill will allow Zaporizhstal to combine substantial economic and environmental benefits to switch completely from the use of expensive…

Metinvest posts $334 million net profit in 2009

Metinvest Group of CompaniesBy admin30.08.2010Leave a comment

The Ukrainian mining and steel producing company Metinvest Holding has announced in its annual report that in 2009, despite testing conditions in the market, it delivered a net profit of $334 million, down from $2.803 billion in 2008.In 2009, Metinvest generated consolidated revenues of $6.026 billion, down by 54.5% YoY mainly as a result of…

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