Metinvest Group’s metallurgical mills began to manufacture 19 products last year, bringing the total to 97 new items in 2010 to 2014. Revenue from the new products in the last four years amounted to $38.7 million.
New rolled products began to be manufactured at the following enterprises: Yenakievo Iron and Steel Works, Azovstal and Mariupol Ilyich Iron and Steel Works in Ukraine, as well as Promet Steel in Bulgaria.
Most of the new items were developed for Metinvest customers in the construction sector, namely those who produce metal structures. New products include S320GD and S350GD galvanized products from Mariupol Ilyich Iron & Steel Works, which are sold to customers domestically in Ukraine, where previously only imported analogues were available, and abroad. These HDG coils are widely used to manufacture bent profiles for light steel thin-walled structures and girders in Europe, the CIS and in the Middle East.
The range of new steel items also includes S500MC thermomechanically strengthened plates and S690QL1 and 514-E quenched and tempered high strength plates according to European and American standards for customers in the machine building industry. High-strength steel has a great potential in terms of increasing sales volumes because of the advantages for customers: equipment, machinery and structures made using this type of steel plate are less steel-intensive, more wear-resistant and have a higher load-bearing capacity. (https://www.steelguru.com/international_news/Metinvest_added_19_new_products_in_2014/358525.html/Ukrainian metal)
