12 August 2014
Metinvest Group's Ilyich Iron & Steel Works of Mariupol manufactured S320GD gal-vanized steel with 1.5 mm thickness. This product is used to manufacture building structures that are being made in Ukraine for the first time.
Ilyich Iron & Steel Works of Mariupol's cold rolling shop manufactured a trial lot of 1.5 mm thick heavy-duty galvanized coils from S320GD steel according to European standard EN 10346. Metal smelting and casting technology, the chemical composition of steel, and temperature/deformation rolling modes were developed to make these products. The me-chanical properties conform to the European standard.
Galvanized steel made from S320GD steel is widely used to manufacture light steel thin-walled structures and window profiles. These products have increased strength characteristics compared to 08kp items manufactured according to DSTU/GOST. This allows for increasing the efficiency of steel constructions by reducing metal consumption and retaining its bearing capacity.
Previously, S320GD galvanized steel was imported into Ukraine, but now steel construc-tion market players can place orders locally. The first batch of galvanized steel was shipped to domestic customers and processed, which indicated that the S320GD rolled products were fully in line with their European analogues.
Manufacturing of thinner galvanized products, which are also in-demand in the market, will be next. The plant has already started making products from S320GD steel with 0.4-0.6х1,000 mm specifications.
Sales director of Metinvest Holding, Dmitriy Nikolaenko:
"Despite the difficult period, we are continuing to gradually develop steel construction in Ukraine. Our key initiative is to extend the product mix because this allows steel builders to be more competitive. Specifically, heavy duty steel grades provide additional ways to reduce the production cost of steel structures. We want to provide these products to our customers to allow them to reduce their expenses and comply with best practices in the sector."
- For editors:
PJSC «Ilyich Iron and Steel Works of Mariupol» is one of the greatest enterprises in Ukraine with full metallurgical cycle. The Works produces pipes and flat rolled products of carbon, low-alloy and alloy steels for different applications: hot-rolled plates and sheets intended for the production of pipes for main pipelines, ships, pressure vessels, bridge constructions, other metal constructions 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.
METINVEST is an international vertical-integrated mining-and-metallurgical Group of companies, which runs assets in every link of production chain for creation of value from iron-ore and coal mining tol semi-finished and finished metal products manufacture. The structure of the Group comprises mining and metallurgical enterprises in Ukraine, Europe and USA, and sales network covering the key world markets. METINVEST GROUP consists of Metallurgical and Mining Divisions. According to the strategical vision of the Group its aim is to become lead European vertical-integrated steel producer with stable ratio of growth and cost effectiveness in spite of market cyclicity, and to ensure investment return higher than industrial standards. For the first quarter of 2014 ended 31 March 2014, the Group reported revenues of US$2.9 billion and an EBITDA margin of 30%.
The main shareholders of METINVEST B.V. company (Holding company of METINVEST GROUP) are SСM GROUP (71,25%) and SMART GROUP (23,75%), which control Group at partnership relations..