Iraq allowed Metinvest group of companies to supply large diameter pipes. The Iraqi state South Oil Company has finished the technical audit of Azovstal Iron and Steel Works and Khartsyzsk Pipe Works. According to the group of companies statement, this was the final qualification step, and now Metinvest is among the suppliers of large diameter…
In 2013 metal companies of Metinvest group started producing 33 new types of wares. Several companies of the group introduced new goods: Yenakievo Iron and Steel Works, Azovstal Iron and Steel Works, Mariupol Ilyich Iron and Steel Works and Promet Steel (Bulgaria). Among the new wares are the rolled squares with 10-20 mm thickness, sections…
Ukrzaliznychpostach, the State enterprise of railroad transport provision, chose Metinvest-Ukraine, a Metinvest group company specializing in wholesale in Ukraine and CIS (except for Russia), to supply rails and rail fasteners for 1187.123 million UAH. The offer was accepted on December 24th, 2013, the contract is to be concluded by January 23rd. The products are to…
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…
The Ukrainian mining and steel producing group Metinvest has announced its results for the first half of 2013. In the given period Metinvest’s net profit amounted to $443 million, rising by 31% compared to the same period of the previous year. The company’s sales decreased by 3% year on year to $6.5 billion, mainly due…
Ukrainian mining and steel producing group Metinvest has announced that its crude steel production increased by 2% to 3.2 million tons in the third quarter compared to the previous quarter. In the first nine months of the current year Metinvest produced 9.44 million tons of crude steel, down by 1% year on year. In addition,…
Total steel consumption in Ukraine by industrial companies is expected to decline to 6.3 million tons in 2013, down by 3.08% year on year, amid the industry crisis in the country, according to Metinvest’s retail sales network in Ukraine, Metinvest-SMC. At the same time, the total steel consumption by small consumers is expected to stay…
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…