Ukraine: Metinvest gets Ilyich-Steel shares of Mariupol Ilyich

Private limited company Metinvest B.V. (the Netherlands) has increased its share in the Mariupol Ilyich Iron and Steel Works from 74.722268% to 99.322555%. According to the group’s statement, its stake of voting shares in Mariupol Ilyich is now 99.619059%. Ilyich-Steel share in Mariupol Ilyich Iron and Steel Works decreased from 24.494605% of ordinary shares and…

Ukraine: Mariupol Ilyich to get metal structures for CCM in February 2017

In February Mariupol Ilyich Iron and Steel Works intends to receive the first metal structures for construction of the new continuous-cast machine No. 4. “We have already produced and supplied over 1.5 thousand tons of rolled sheet to local manufacturers to produce the structures”, the company CEO Yuri Zinchenko said. “We have disassembled all the…


Ukraine: Mariupol Ilyich starts constructing desulfurization complex

Mariupol Ilyich Iron and Steel Works has started constructing the smoke desulfurizing complex withing its sintering factory gas-purifying system upgrade. The 900-million UAH project will decrease sulfur pollution by 43%. At present the work is being carried out at sintering machines No. 7, 8 and 9. Total investments in the sintering factory upgrade will amount…

Ukraine: Mariupol Ilyich CEO against Ukrzaliznytsia Polish managers

The Mariupol Ilyich Iron and Steel Works CEO Yuri Zinchenko has again severely criticized the Polish top-managers of Ukrzasliznystia and their idea to increase transportation tariffs in 2017. “The least favorable forecasts have come true. The decision to increase prices for cargo transportation next year has been officially confirmed. The tariffs will increase by 25%”,…

Ukraine: Mariupol Ilyich developing construction coils manufacture

In October-November Mariupol Ilyich Iron and Steel Works, a part of Metinvest, started producing 1.2-1.55 mm hot-rolled coils. According to Metinvest statement, these coils are used in construction. Coils are made in accordance with DSTU 2834-94/GOST 16523-97. The EU-standard coils are expected to be produced in the near future. “Ukraine never produced hot-rolled coils of…