Business news from Ukraine

ILLICH STEEL WORKS RAISES UP PRODUCTION OF ROLLED PRODUCTS BY 12%

Mariupol-based Illich Iron and Steel Works (Donetsk region), part of Metinvest Group, increased the output of general rolled products in January 2022, according to recent data, by 9.6% compared to 2020, to 390,000 tonnes.
As the enterprise told Interfax-Ukraine, steel production during this period increased by 5.3%, to 380,000 tonnes, cast iron – by 0.6%, to 360,000 tonnes.
In December, Illich Steel Works produced about 340,000 tonnes of general rolled products, 360,000 tonnes of steel, and 420,000 tonnes of cast iron.
Illich Iron and Steel Works is part of Metinvest Group, the main shareholders of which are SCM Group (71.24%) and Smart Holding (23.76%), jointly managing the company.

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ILLICH STEEL WORKS RAISES UP ROLLED PRODUCTS PRODUCTION BY 13% IN JAN-NOV

Mariupol-based Illich Iron and Steel Works (Donetsk region), part of Metinvest Group, in January-November this year increased production of general rolled products, according to recent data, by 13% year-over-year, to 3.78 million tonnes.
As the company told Interfax-Ukraine, steel production during this period increased by 5.5%, to 3.9 million tonnes, and cast iron – by 7.4%, to 4.64 million tonnes.
In November, the plant produced about 360,000 tonnes of general rolled products, 350,000 tonnes of steel, and 460,000 tonnes of cast iron.
According to information from Metinvest Mariupol, the plant is completing the replacement of gas purifiers in a limestone firing building of an agglomeration shop. “Modern flat-bag filters will appear instead of outdated cyclones. Three firing machines have already been equipped with new cleaning equipment. Work is underway on the last one, the fourth,” the press release explains.
All work is planned to be completed by the end of this year. The environmental effect of the project is a reduction in the amount of dust by 82%.
Investments in reconstruction amount to UAH 200 million.

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