Azovstal Iron & Steel Works (Metinvest Group) has successfully passed certification audit for compliance with international standard ISO 50001:2011 Energy Management Systems. Experts of international certification company TÜV SÜD Ukraine confirmed the high level of competence for certification and it was decided to grant international certificate ISO 50001:2011 to the enterprise.Azovstal Iron & Steel Works…
Metinvest, Ukraine’s biggest steelmaker, will remove from operation a sinter facility at its Azovstal plant.The plant will shift its sinter production to Mariupol Ilyich Iron and Steel Works.The cost of restoring sinter production at Ilyich will top $300 million. (SteelGuru)
Azovstal Iron and Steel Works, a subsidiary of Ukraine’s largest vertically integrated mining and steel group Metinvest, has announced that in December this year it plans to keep its shipments of steel products at November level, i. e. at around 310,000 tons.In the January to November period of the current year Azovstal shipped 3.8 million…
Azovstal, an integrated iron and steel works and a subsidiary of Metinvest, finished 9 month 2012 with a net loss of UAH 1.9 billion, which is 10.8 times higher than in the same period of previous year.Revenue for this period decreased by 27%, to UAH 24.8 billion. Pre tax loss surged by 10.4% YoY to…
Metinvest Holding LLC, a vertically integrated metals and mining company, has announced its plans to stop two coking batteries at the Azovstal steel plant after the start-up and adjustment of the pulverised coal injection system has been successfully completed. The batteries will be finally shut down at the end of October 2012. (Phoenix-capital.ua)
Azovstal Iron and Steel Works, a subsidiary of Metinvest, decreased production of finished steel by 21.9% YoY to 3.2 million tons during 9 months of 2012.Steel output declined by 18.8% YoY to 3.5 million tons, production of crude iron reduced by 18.5% YoY to 3.0 million tons, while agglomerate output increased by 0.7% YoY to…
Most Ukrainian steel majors reduced finished roll production in January to June 2012.ArcelorMittal Kryviy Rih, the country’s biggest steel mill, raised roll production tentatively by 14.1% YoY to 3.581 million tons. But Azovstal Iron and Steel Works said it reduced roll output 22.5% YoY to 2.847 million tons, Zaporizhstal reduced it by 3.1% to 2.068…
Azovstal Iron and Steel Works, one of Ukraine’s leading steel makers, in the first half of 2012 increased its net loss 8.2 times YoY to UAH 1.2 billion. Gross loss totalled UAH 717.1 million in H1 2012 versus gross profit at the level of UAH 372.1 million in H1 2011. The revenue from sales decreased…
