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PJSC «ILYICH IRON AND STEEL WORKS OF MARIUPOL»
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MMKI announced 2014 - the year of upgrading and ecology

27 December 2013

The main tasks for Ilyich Iron and Steel Works in 2014 will be the achievement of high standards on ecology and revamping. Yuriy Zinchenko, Director General of the Works, told about these plans during the direct transmission at the MTV TV channel.

“The results of  2013  are closely connected  with the targets for the next year. At present we  gradually  revamp the production,  lower the development pressure  on Mariupol ecology. The Works is on the right way to the clean and timely  steel production. And in  2014  this process  will only be forced up.

The reconstruction  of Sinter Plant is in the active phase, during which  it will be completely renovated “, said Yuriy Zinchenko.

The Head of the Works pointed out at the unique Italian technologies  which will be  implemented  during the course of Agglomeration Shop  cleaning systems   reconstruction. The equipment of Termokimik  company  will  clean the air not only from dust, but also from sulfur and nitrogen oxides.  At present, such technologies   is the new trend  in the world steelmaking.

Yuriy Zinchenko  told  that the project of  gas cleaning systems  revamping  at Ilyich Sinter Plant was developed on the basis of the  project which was already implemented at the Italian city Padua. But, according to the experts,  the results of the reconstruction in Mariupol will be more substantial than in Italy.

Commenting the televiewer question  about the wage indexation  at  Ilyich Works, the Director General  recommended  the former  workers  in case of uncertainty  in the  right salary accounting during 2003-2010, to refer to specially created  information center. For the present employers of Ilyich the recalculation will also be made  individually  and the sums  will be transfered   to the account in the automatic mode.

“I know about this. First that we did two month  ago  was to create a working group at  the Works for more detailed study of this question.   Today I signed the Order about the  prompt formation of the information center at Ilyich Iron and Steel Works . It will be opened at the address Semashko 17, phone  56-52-44, working hours 8-16.30. In the number of cases it is clearly seen that there was  incorrectness  in the accounting of previous  indexation payments. The reason for that , may be  was in the absence of the common information base  and frequent  changes in the legislation  during 2003-2010. If  the inaccuracies  occurred  we  promise to pay these sums. We always   treat our workers with respect. We respect and follow the labour legislation. We are  socially responsible and  law-abiding  company. Our  purpose  is not only  the profit earning,  we work  for each our employer to feel  confidence  in future, to feel financial stability and  pride for the living standard level which he has due to his work in  Metinvest Company,” underlined  the  Director General  of  Ilyich Iron and Steel Works  Yuriy Zinchenko, answering on the question .

 During TV translation  the Director General asked    companies of Mariupol to  take more active part  in the city life and to assist  in the development  of social sphere   and infrastructure.  He illustrated  the cooperation between the city  authorities  and Metinvest  in the framework of the agreement  about the social partnership.  Ilyich Iron and Steel Works assigned  about 10 mln. UAH for the socially  important city projects.

“In spite of the crisis,  this year  we took an active  part in the life of  Mariupol, and we help the city to develop.  For example,  only  the  medicine development was funded  by the Works two times more than last year.  We did a lot of good,  we helped to repair the hospitals and  to buy  new diagnostic equipment , we solved the problem  of  “Zapadniy” district residents connected with water supply,  at  mayor’s  request  we sponsored the roads repair. It means that we  improved Mariupol and made  the life in the  native city more  comfortable. This partnership of the  city authorities  and  steelmakers is very productive.  So we will  strengthen it in future too”, assured the Director  General Yuriy Zinchenko.

For editors:

PJSC "ILYICH IRON AND STEEL WORKS OF MARIUPOL" is one of the largest integrated enterprises in Ukraine. The enterprise produces pipes and flat rolled products of carbon, low-alloy and alloy steels for different applications: hot-rolled plates and sheets intended for manufacturing of pipes for main pipelines, ships, pressure vessels, bridge structures, other steel structures for critical application; hot-rolled plates, sheets and strips including pickled; cold-rolled, including galvanized bands, sheets and strips, including for cold stamping, flooring and others; thick-walled pipes including for oil pipe lines; water- and gas-supply welded thin-walled pipes of circular section and structural pipes of rectangular section; flasks for different compressed gases, including automobile and others.

 50 certificates issued by seven International Certification Bodies and Ukraine Certification Centers confirm high quality of steel products of 200 steel grades produced at the enterprise. Quality Management System is functioning at PJSC "Ilyich Iron and Steel Works of Mariupol" developed and certified according to the requirements established in ISO 9001.

Production facilities of the enterprise allow to produce about 6.1 million tons of steel per year, 12 million tons of sinter, more than 5.5 million tons of iron, more than 6.1 million tons of steel including BOF steel – 3.6 million tons, more than 5 million tons of finished rolled products.

METINVEST GROUP is a vertically integrated steel and mining group of companies that manages every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. It comprises steel and mining production facilities located in Ukraine, Europe and the US, as well as a sales network covering all key global markets. The Group is structured into two operating divisions, Metallurgical and Mining, and its strategic vision is to become the leading vertically integrated steel producer in Europe, delivering sustainable growth and profitability resilient to business cycles and providing investors with returns above the industry benchmarks. For 9 months ended 30 September 2013, the Group reported revenues of US$9.8 billion and an EBITDA margin of 18%.

 The major shareholders of METINVEST B.V. (the holding company of Metinvest Group) are SCM Group (71.25%) and SMART Group (23.75%), which partner in the Company’s management.

 METINVEST HOLDING LLC is the management company of Metinvest Group.