Ilyich Iron and Steel Works of Mariupol
Ilyich Iron and Steel Works of Mariupol is an integrated steel company. Sinter plant of Ilyich Iron and Steel Works of Mariupol is the largest in Europe. The company sells part of agglomerate to Azovstal Iron and Steel Works. Its main products are carbon flat products, low-alloyed and alloyed steels for various purposes. Heavy plates, produced by Ilyich Iron and Steel Works of Mariupol, are used in pipe production and shipbuilding; cold-rolled and galvanized plates — in cold forging and profiled sheeting production. The company also produces welded pipes for construction. Ilyich Iron and Steel Works of Mariupol is the largest European producer of cold-rolled and galvanized plates. Ilyich Iron and Steel Works of Mariupol leases the property complex of state-run Ukrmekhanobr to produce sinter ore. The company is part of Metinvest Holding.
Rolling mill 1700
Rolling mill 3000
Sheet rolling mill 4500
Cold rolling shop
Electric weld pipe shop
Pipe rolling shop
Staff and wages
Charts and tables
Production results, thousand tons
Indicative sales structure by products in 2018
Indicative sales structure by countries in 2018
* structure of sales volumes, metric tons
Financial performance, $ million
|Net income margin||-12.3%||1.6%||-5.0%||-0.4%||-1.5%||4.19%|
Metinvest Holding attracted €34 mln loan from Austrian bank ODDO BHF Aktiengesellschaft with guaranties of Austrian Oesterreichische Kontrollbank Aktiengesellschaft. The aim of the loan – reconstruction of the sheet rolling shop 1700 on Ilyich Iron and Steel Works of Mariupol.
Ilyich Iron and Steel Works of Mariupol and French company Air Liquide will build air separation plant with hourly capacity 25 ths m³ of oxygen. CAPEX to the project amounted $78 mln. As a result energy expenses will cut by 20%.
Ilyich Iron and Steel Works of Mariupol will reconstruct the sinter plant to comply with the international environmental standards on emissions. Total investment in the project will amount to $220 million. By the end of 2020, dust emissions will decrease by 90% and sulfur by 43%.
In December 2018
Ilyich Iron and Steel Works put into operation the continuous casting machine No. 4. The project will increase production of semi-finished products by 30%, reduce the dust content in flue gases below European standards, and reduce raw materials costs. $150 million have been invested in the project.
Ilyich Iron and Steel Works will invest $90 million in reconstruction of the sheet rolling shop 1700. The project includes installation of new equipment that will enhance the mill’s productivity, improve the quality of rolled surface, and reduce production waste during slab rolling. The project will enable the company to increase HRC maximum weight from 8 tons to 27 tons and thus to wide potential markets.
Ukraine’s Ministry of Economy refused to extend the lease agreement between Ilyich Iron and Steel Works and the property complex of state-run Ukrmekhanobr. Ukrmekhanobr is a state-owned mining and processing plant, the property of which has been leased out to the company since 2006 and which has a special permit to mine the deposit. A trial was ongoing over the extension of the lease agreement in 2016–2018.
Ilyich Iron and Steel Works fully put an open-hearth shop out of operation.