Metinvest set up the production of 20 new products in 2024

Metinvest Group’s steel enterprises in Ukraine continue to improve production even in times of war. In 2024, the company launched 20 new products, including at Kametstal and Zaporizhstal.

This year, most of the new products were developed in the long products segment (12), cold-rolled coils and sheets (four), hot-rolled coils and sheets (two), and galvanized coils and semi-finished products (one each).

Kametstal set up the production of 12 new types of long products. These include reinforcing bars of a new strength class, six types of wire rod, hot-rolled profiles for supporting mine workings and rounds made of St3ps steel. These products are used in construction, machine building and metal products manufacturing.

Zaporizhstal focused on cold-rolled and hot-rolled products. The plant started production of coils and sheets of new grades, which are used in light steel structures, pipes, profiles and elements of railway cars.

In addition, Unisteel produced new galvanized steel for the construction industry, and Kametstal started producing continuously cast square billets.

Despite the ongoing war, Metinvest remains an important player in the Ukrainian economy. Over the past decade, the company has mastered 422 new products, which allows it to maintain production and create competitive materials for the domestic and international markets.

The new products meet modern quality and safety standards, emphasizing the company’s commitment to innovation and adaptation to market conditions.

As GMK Center reported earlier, in 2023, Metinvest mastered the production of 25 new products. In particular, Zaporizhstal launched 14 new products. Most of the new products were developed in the semi-finished products segment, hot-rolled coils and long products (7 each), as well as cold-rolled and galvanized coils (2 each).

  • Global Market

UK TRA recommends restricting countries’ access to residual quotas on steel imports

The British Trade Remedies Authority (TRA) has recommended introducing restrictions on the share of total…

Wednesday May 14, 2025
  • Global Market

Nissan to close seven plants and cut 20 thousand jobs

Following the announcement of disastrous annual results, Japanese automaker Nissan Motor Co will close seven…

Wednesday May 14, 2025
  • Industry

Ukraine reduced iron ore exports by 10% y/y in January-April

In January-April 2025, Ukraine's mining industry reduced iron ore exports by 10.2% compared to the…

Wednesday May 14, 2025
  • Companies

Kametstal performs a large-scale overhaul of sintering machine No. 9

Kametstal is carrying out a large-scale overhaul of sintering machine No. 9, one of the…

Wednesday May 14, 2025
  • Global Market

Vietnam revises provisional anti-dumping duties on hot-rolled steel from China

The Ministry of Industry and Trade of Vietnam has announced a revision of the previous…

Tuesday May 13, 2025
  • Global Market

Coking coal in China fell by $4/t in the first half of May

Spot coking coal prices in China fell by $4/t to $175/t EXW from April 25…

Tuesday May 13, 2025