Interpipe, one of the leading steel pipes producers in Eastern and Central Europe, put into operation the Interpipe Steel electric steel making complex at Dniepropetrovsk with installed capacity of 1.32 million tons.
Interpipe Steel is the largest single private investment since Ukraine became independent. The mill combines innovative steel melting technologies from one of the top three metallurgical equipment producers, Italian Danieli, and works on the basis of international best practices in steel production.
This steel mill’s state of the art equipment and green technology enable Interpipe to replace outdated open hearth steel production. This will reduce energy consumption per ton of steel by 2.2 times, decrease emissions by 2,5 times, and shorten the consumption of natural gas by 60 million cubic meters.
Mr. Victor Pinchuk, founder of Interpipe, said “When we thought about the construction of a new mill, we had a dream to create the most up to date metallurgical production in Ukraine. But in the course of our work we realized that we are able to do more. And we have created a mill, combining innovative technologies and production culture with contemporary art. This mill is the first and only one of its kind, built for the workers, the city, and society. And for me, the mill is also a tribute of honor to generations of Ukrainian metallurgists”. (SteelGuru)
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