In the next three years Dneprovsky Iron and Steel Works will be carrying out a modernization program.
“In March the company got a new owner. Until that time and since 2008 it was owned by Evraz. In March we received a new owner – DCH Investment Management”, the company commercial director Denis Frolov said.
The new investor received the works in a bad state – the assets were outdated.
“Now we have created a program to resume operation of the coke oven batteries. We are also negotiating the construction of the continuous casting machine, which will allow us producing new steel grades and improving product quality”, he added. (Ukrainian metal)
