Zaporizhstal Iron and Steel Works has allocated about UAH 8 million to purchase and install a powerful air conditioner for the equipment of the BTLS-1680 rolling mill (continuous thin-sheet mill) in the Hot Strip Mill Shop.
According to the company, the important equipment requires cooling due to high operating temperatures.
It is specified that the Hisense air conditioner ensures the optimal temperature regime for the equipment of the BTLS-1680 rolling mill and ensures that the drives of the finishing stand group do not “burn out” during operation.
At the same time, it is specified that for the first time, the installation and commissioning of complex climate control equipment was carried out by specialists from the Centralized Engineering Department, Central Electrotechnical Laboratory and Metinvest-Promservice.
“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 (71.24%) and Smart Holding (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.
Metinvest, an international vertically integrated mining and metallurgical group of companies, is exploring the possibility, together with Itlay’s Danieli, to build a new rolling mill in Italy.
Metinvest CEO Yuriy Ryzhenkov said at a press conference devoted to the company’s 15th anniversary held in Kyiv on Wednesday that the project involves the construction of a new production facility in Italy, where Ukrainian slabs will be rolled into hot-rolled flat products.
“The Metinvest Group is really exploring the possibility of building a rolling mill in Italy,” Ryzhenkov said.
At the same time, he recalled that the group already has two plants in Italy, where flat-rolled products are produced from Ukrainian slabs. And Metinvest has always noted that this market is interesting and promising for the company.
“But Metinvest has not made a final decision on this project,” the top manager said.
According to him, now the project is at the pre-feasibility stage, negotiations are also underway with the owners of the site, and the construction of a plant is planned.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in Donetsk, Luhansk, Zaporizhia and Dnipropetrovsk regions, in European countries. In particular, in Bulgaria it has Promet Steel plant with a capacity of 500,000 tonnes of rolled metal per year, in Italy – Metinvest Trametal and Ferriera Valsider with a total annual capacity of 1.2 million tonnes. In the U.K., the company owns Spartan UK plant that is capable to produce 200,000 tonnes of rolled steel annually.
The main shareholders of Metinvest are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage the company.
