In 2025, Metinvest Mining and Metallurgical Group will invest more than UAH 2.5 billion to modernize Kametstal, a steel plant built at the facilities of Dnipro Metallurgical Plant (Kamianske, Dnipro region).
According to the press release, KAMETSTAL has launched a record investment program for 2025.
It is noted that in difficult wartime, KAMETSTAL, along with other Metinvest Group companies, continues to work systematically on construction and reconstruction to improve production reliability and efficiency. Since the first days of January 2025, the company has started implementing this year’s investment program with a total planned budget of over UAH 2.5 billion.
Among its most important items is the overhaul of blast furnace No. 9, which will account for almost a third of the program’s budget, as its primary objectives are to maintain the efficiency of the main equipment and technological processes to ensure stable production of commercial products.
Another priority is a pilot investment project to build an alternative power plant with solar panels. No such projects have been implemented at Metinvest’s enterprises before. Pre-project studies are currently underway, and practical ways to address this new challenge are being identified.
“This year, a record-breaking total budget of $59.8 million is being invested in the program, a significant part of which is aimed at maintaining and updating the main production equipment, which is a springboard for further development and modernization of the enterprise. In total, we plan to implement 114 investment projects of varying importance during the year. Key equipment will be overhauled in the main production shops. The resumption of production will allow the company to renew its presence and enter new markets for this product, thus generating additional profit,” said Mikhail Koptev, Director of Capital Construction and Investments at Kametstal.
The company’s plans to modernize the energy sector infrastructure include a significant focus on the construction of water pipelines. KAMETSTAL’s water and gas pipelines are long-distance communications that require systemic upgrades. In the near future, we plan to install water pipes for the blast furnace shop.
The 2025 program also includes the start of construction of the first start-up complex for a large-scale project to build a new blast furnace gas collector, and one of the most important reliability projects is the modernization of the drive control system for continuous casting machine (CCM) No. 1.
“Kametstal was created on the basis of PJSC Dnipro Coke and Chemical Plant (DCKhZ) and PJSC Dnipro Metallurgical Plant (DMK).
According to the 2020 report of Metinvest Group’s parent company, Metinvest B.V. (Netherlands) owned 100% of the shares in DCCP.
