The sintering factory of Mariupol Ilyich Iron and Steel Works has commissioned the first complex of the modern gas purification. It will allow decreasing dust emissions by 90% and sulfur oxide emission by 43%. Machinery and technologies were provided by Termokimik Corporation (Italy). Investments in the project totaled $220 million. The reconstruction of the sintering…
The supervisory boards of Azovstal, Mariupol Ilyich Iron and Steel Works, Zaporozhogneupor and Zaporozhkoks, all parts of Metinvest, have extended the offices of their CEO – Enver Tskitishvili, Taras Shevchenko, Sergey Gorman and Vitaly Litovka respectively – for one more year. The decisions were taken on April 2. The offices have been prolonged from April…
Mariupol Ilyich Iron and Steel Works has received new machinery for the construction of the continuous casting machine. According to the company statement, the new machine will produce premium slabs. The cost of the equipment is $150 million. The Primetals Technologies machine will ensure the environmental safety of the operation. The project to reconstruct the…
In 2017 Mariupol Ilyich Iron and Steel Works received 828.06 million UAH of net losses, up 5.4-fold YoY. According to the company statement, negative EBITDA grew 3.3-fold, to 966.21 million UAH. At the same time last year Mariupol Ilyich increased net income by 58.7% YoY, to 56.64 billion UAH. The uncovered losses as of late…
Mariupol Ilyich Iron and Steel Works has announced the price of the share sales under the squeeze-out procedure. According to the company, the price of each share with the value of 0.25 UAH was set at 0.08 UAH. The share price was set by the company supervisory board. (Ukrainian metal)
Mariupol Ilyich Iron and Steel Works has received new Austrian machinery to be installed at the continuous casting machine No. 4. The construction of the machine is underway. The cargo weighs almost 1 thousand tons, so special machinery was used to unload it. Foreign specialists claim that the machinery corresponds to the best European norms…
Ukrzaliznytsia (Ukrainian Railways) has concluded 37 agreements with Sota Ukraina LLC for the delivery of steel valued at 110.32 million UAH. In particular, Darnitsa Wagon-Repair Works placed 36 orders valued at 106.66 million UAH. The two most expensive orders (8.23 million UAH) provide for the supply of sheet steel produced by Mariupol Ilyich Iron and…
In 2017 Mariupol Ilyich Iron and Steel Works increased rolled metal output by 12.7% YoY, to 2.785 million tons. According to the company statement, steel manufacture grew by 13.1%, to 3.096 million tons, and pig iron – by 9.1%, to 4.164 million tons. In December 2017 the company produced 260 thousand tons of rolled metal,…
