Ukraine: Azovstal completes converter overhaul
Azovstal has put its oxygen converter #1 into operation after capital repairs.
Azovstal has put its oxygen converter #1 into operation after capital repairs.
In 2015 Azovstal Iron and Steel Works received 1.76 billion UAH of losses.
Mariupol Ilyich Iron and Steel Works and Azovstal invested over 90 million UAH into Mariupol development on 2015.
In 2015 Mariupol Ilyich Iron and Steel Works and Azovstal offered 92 new types of products to their clients.
Mariupol Ilyich Iron and Steel Works and Azovstal started producing hot-rolled plate of structural weatherproof steel according to EN 10025-5.
In 2015 Mariupol Ilyich Iron and Steel Works and Azovstal invested over 17 million UAH into labor quality improvement.
World metal market situation will not improve in 2016. The decline of economic development in Europe as well as the increase of steel manufacture in China will not allow Ukrainian mining and metallurgical complex to overcome crisis in the near future.
In 2015 Mariupol Iron and Steel Works and Azovstal were able to save over 140 million UAH.