Donetsk People’s Republic forces liberated Mariupol Ilyich iron and steel industrial complex
Today, Donetsk People’s Republic forces joined by the Russian Chechen forces, claimed that they fully liberated-captured Ilyich Iron and Steel Industrial complex of Mariupol, from Ukrainian marine and Azov neo-nazi-battalion forces .
Now, 95% of Mariupol is liberated from Azov neo-nazi paramilitary forces.
Ilyich Iron and Steel Works of Mariupol is an integrated steel company. The sinter plant of Ilyich Iron and Steel Works of Mariupol is the largest in Europe.
Its main products are flat carbon products, and low-alloyed and alloyed steels for various purposes.
Heavy plates, produced by Ilyich Iron and Steel Works of Mariupol, are used in pipe production and shipbuilding; cold-rolled and galvanized plates — in cold forging and profiled sheeting production.
The company also produces welded pipes for construction. Ilyich Iron and Steel Works of Mariupol is the largest European producer of cold-rolled and galvanized plates.
Ilyich Iron and Steel Works of Mariupol leases the property complex of state-run Ukrmekhanobr to produce sinter ore.
In 2016 Ukraine’s Ministry of Economy refused to extend the lease agreement between Ilyich Iron and Steel Works and the property complex of state-run Ukrmekhanobr.
Ukrmekhanobr is a state-owned mining and processing plant, the property of which has been leased out to the company since 2006 and which has a special permit to mine the deposit
In November 2019, Ilyich Iron and Steel Works completed the reconstruction of the hot strip mill 1700. As a result, the HRC capacity increased to 2.5 million tons per annum. $114 million was invested in the project.
The company is part of Metinvest Holding. Metinvest Holding belongs (71% directly) to Ukrainian-Tatar oligarch-kleptocrat Rinat Akhmetov, the richest Ukraine citizen.
The company exports products to the United States, Italy, Poland and Turkey. Major Products produced are Pig iron, and heavy and hot-rolled sheet products.
The production capacity is as follows:
Sinter plant: 12 sinter machines, 12,000 thousand tons
Blast-furnace production: 4 blast furnaces, 4,300 thousand tons
Production of steel: 3 BOFs, 3,700 thousand tons
Manufacture of rolled products: Rolling mill 1700, Rolling mill 3000, Sheet rolling mill 4500, Cold rolling shop, Electric weld pipe shop and Pipe rolling shop
The company has 14.000 employees and Workforce productivity is 290 tons of steel per annum.
Company Sales were 2.8 billion USD and EBITDA margin is 7%.
new-economy.gr