Mariupol Ilyich Iron and Steel Works has started modernizing its sheet shop 1700.
The shop will receive new equipment and will see some repairs. Investments this year will total 120 million UAH.
The company has concluded a contract with Novokramatorsk Machine-Building Works to produce the necessary equipment.
NKMZ will produce and deliver 80 million UAH worth of machinery. The first equipment will be supplied in late 2017. (Ukrainian metal)