In 2018 Mariupol Ilyich Iron and Steel Works received 3.37 billion UAH of net profit as opposed to 828.06 million UAH of net losses in 2017. EBITDA reached 4.14 billion UAH (-966.21 million UAH in 2017). Net income grew by 39.7%, to 79.09 billion UAH. Undistributed profit in late 2018 totaled 3.72 billion UAH. Last…
Mariupol Ilyich Iron and Steel Works has been awarded for the development of the labor potential. The plant was awarded at the XI forum of the Employers Association. Avdiivka Coke and Chemical Works was awarded in the category “Despite crisis”. (Ukrainian metal)
Ukrainian President Petro Poroshenko took part in the launch of a continuous casting machine No. 4 of the Mariupol Ilyich Iron and Steel Works. “I was pleased to learn that the company had a sharp increase in wages in the second half of 2018. And the average salary at the enterprise is UAH 18,000 ($670).…
Mariupol Ilyich Iron and Steel Works has received two electric engines. They will operate in the sheet-rolling shop 1700. The reconstruction of the mill will allow the company to expand sales markets because of the improvement of quality and the increase in weight. Investments in the shop modernization total 2.4 billion UAH. The engines were…
The project to reconstruct the existing and build new gas-purifying machines in the blast furnace shop of the Mariupol Iron and Steel Works named after Ilyich has entered an active stage. Investments amount to some $20 million, A new line of dry gas-purification of the blast furnace foundry yard will be constructed. And the wet…
A lethal accident has occurred at the Mariupol Ilyich Iron and Steel Works. As a result of the fall of a ferroconcrete slab one employee perished and another was injured. “The subcontractors were making repairs at an industrial site at the height of 18 meters. As a result of the slab fall, a worker died”,…
Under the project to construct the continuous casting machine No. 4 Mariupol Ilyich Iron and Steel Works has purchased new special machinery. A new MAZ-based skip-lift will transport the powder wastes of the converter manufacture. Its cost is some 1.6 million UAH. The new machine will in future service not only the CCM No. 4,…
As a result of the installation of 2.2 thousand energy efficient LED-lamps, Mariupol Ilyich Iron and Steel Works will be able to save some 60% of electricity. In particular, the company will save 7.2 million kW-h valued at 11.3 million UAH and decrease CO2 emissions by 6440 tons. The project has been carried out by…