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Ilyich Iron and Steel Works


12 November 2014

Another stage of modernization, at the cost of over 23 mln hryvna, is now completed at Ilyich Works’ sintering plant and involved upgrading of the dispensing equipment. The renovation will result in decreasing of production costs – the calculated saving rate is USD 25 000 per day.

The automatic dispensing system is the significant component of the production process at the sintering plant. The system is responsible for feeding of charge mixture to sintering machines where the mixture is further agglomerated. By now, all key components of the system- the conveyor scales, the dispensers, the control cabinets, - have been replaced.

Two operating points have been refreshed. The system’s setting up is now in progress and will be completed soon. The full modernization will allow to increase stability in sinter yield output which in its turn, will result in reduced coke consumption during production of pig iron in the blast furnace shop.

Mr. Iurii Zinchenko, General Director of ILyich Iron and Steel Works:

- Currently, we are implementing a huge ecological reconstruction of the sintering plant. By 2020, our sintering plant will became the cleanest, state-of-the art production facility in Ukraine. At the same time we are trying to improve the efficiency of the production process at the steel plant. Modernization of the dispensing equipment at the sintering plant along with other projects will allow us to cut our production costs and improve the plant’s competitiveness.

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.