In Q1 Metinvest doubled its investments into capital construction YoY, to $103 million.
The mining segment accounted for 71% of investments (46% in Q1 2016), while metal segment –28% (52%).
The main investments at Mariupol Ilyich Iron and Steel Works include the construction of the continuous casting machine No. 4 and the reconstruction of the sintering factory. Azovstal is constructing the PCI unit at its blast furnace No. 2, to be put into operation in September.
SevGOK is constructing the second complex to transport rock at the Pervomaysky quarry and replacing gas-purifying equipment of the Lurgi 552-B annealing machine. (Ukrainian metal)
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