Zaporizhzhia Iron and Steel Works “Zaporizhstal” saved $590 thousand in 2024 due to innovations in the cold rolling mill (CRM).
According to the company, the shop’s specialists not only have the knowledge to improve the mechanical properties of metal, but also to increase the efficiency of the production process itself.
“For example, in 2024 alone, the professionals of the CPP implemented solutions that brought $590 thousand in savings. This is a significant contribution to the joint work to improve competitiveness,” the company says.
In addition, a team of initiative rollers used a new approach to the production of 2.3-2.5 mm thick plates as part of the Proposal Submission System (PSS). Now, the metal first goes through all the processing stages in the form of a coil, and only then is it cut into sheets and prepared for shipment to consumers, which significantly reduces the amount of scrap.
“Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries around the world.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management PrJSC (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.
