The Ukrainian Metal

Ukraine: Azovstal starts BF6 after capital repairs

Azovstal Iron and Steel Works has put its blast furnace No. 6 into operation after capital repairs valued at 60 million UAH.

“The furnace was put on hold for an overhaul on July 25”, said the company CEO Enver Tsikishvili.

The repairs lasted for 22 days.

In 2015 Azovstal received 1.83 billion UAH of losses, having increased its net income by 18% YoY, or by 4.02 billion UAH, to 26.41 billion UAH. (Ukrainian metal)

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