Ukraine: Metinvest not to sell Zaporizhstal
The Ukrainian largest private metal company – Metinvest – thinks positively of the Zaporizhstal operation and supports its development.
The Ukrainian largest private metal company – Metinvest – thinks positively of the Zaporizhstal operation and supports its development.
Zaporizhstal, a part of the Metinvest Group of Companies, expects the Ministry for infrastructure to prolong winter navigation on the river Dnepr, to decrease metal transportation costs.
In 2012-2014 Zaporizhstal decreased gas consumption by 40%.
In 2012-2014 Zaporizhstal invested 2.7 billion UAH in the works development. In particular, in 2012 the company invested around 486 million UAH into production capacity modernization, with 553 million in 2013 and 1.61 billion on 2014. This year Zaporizhstal intends to overcome the last year level.
Zaporizhstal has postponed the preparation of the Markusova gorge territory for the converter shop construction.
Zaporizhstal denies the information of the armed people take of the Zaporozhye city council grounds of the slag wastes in Markusova gorge and its illegal exploitation.
In January-September Zaporizhstal pig iron output went up by 8.9% YoY, to 2778.4 thousand tons.
Mariupol Ilyich Iron and Steel Works and Zaporizhstal top-managers have entered the race to become the mayor of Mariupol and Zaporozhye respectively.