In 2013 the Mariupol Ilyich Iron and Steel Works (Ilyich), a part of Metinvest group, increased its dead losses by 5.3%, to 2929.91 million UAH, as compared with 2012. Current liabilities of the works increased by 11.7%, to 8085.86 million UAH, while the longterm ones were on the level of 23.18 million UAH (80 thousand…
In January Mariupol Iron and Steel Works named after Ilyich, a part of Metinvest, decreased its rolled metal output by 8.7%, to 326 thousand tons, as compared to January 2013. Steel manufacture dropped by 13.5%, to 377 thousand tons, while pig iron output rose by 20.5%, to 442 thousand tons. In December 2013 the company…
In 2013 the Mariupol Ilyich Iron and Steel Works (MMK Ilyicha), a part of the Metinvest group, decreased its rolled metal output by 3.3%, to 4.2 million tons. In 2013 the works smelted 5 million tons of steel, down by 2.1%, and produced 5.1 million tons of pig iron, up by 12%, both YoY. In…
The Ukrainian mining and steel producing group Metinvest has stated that it has signed a contract with Italy’s Termokimik Corporation, a leading producer of environmental equipment for industrial companies, to develop the basic engineering to upgrade the sinter plant at its subsidiary Mariupol Ilyich Iron & Steel Works (MMKI). Total investment in the project will…
Ukraine’s largest vertically-integrated mining and steel group Metinvest has stated that a major overhaul of blast furnace No. 4 has been carried out within the framework of the production modernization program at its subsidiary – Mariupol Ilyich Iron and Steel Works.The main emphasis was on carrying out overhaul work to improve equipment reliability growth and…
Metinvest Group, an international vertically integrated group of mining and steel companies, announced changes in the governance structure of the Mariupol Ilyich Iron and Steel Works and Ilyich Stal.Metinvest BV (the Netherlands) became a member of the supervisory boards of MMKI and Ilyich Stal as of February 15th, 2013. Metinvest BV will be the sole…
Mariupol Ilyich Iron and Steel Works, a subsidiary of Ukraine’s largest vertically integrated mining and steel group Metinvest, has stated that it has stopped its HDG line No 1 due to repair works and unfavourable market conditions. The unit is scheduled to remain idle in February and will be restarted as soon as the market…
Ukrainian metallurgical enterprises have continued the upgrading of blast furnaces by installing coal injection facilities amid gas price hikes and tough competition on the domestic and foreign markets in 2012.Mr. Anatoliy Starovoit, director general of Dniepropetrovsk-based Ukrkoks association of coking and chemical enterprises, said that in 2013 smelters plan to produce 13.5 million tons of…
