In January-September Metinvest doubled its capital investments YoY, to $620 million.
Scheduled repairs accounted for 61% of investments (89% in 9 months of 2017).
Metal division received 63% of investments and mining – 36%, with corporate expenses at 1%. Last year they were 43%, 55% and 2% respectively.
The main investment projects at Mariupol Ilyich Iron and Steel Works are the construction of the continuous casting machine No. 4, development of the basic engineering for the sheet-rolling shop-1700 reconstruction and the reconstruction of the sinter factory.
Azovstal is constructing a coal injection plant at the blast furnace No. 3 with the capital repairs of the furnace. (Ukrainian metal)
