capital investment News — GMK Center

Capital investment in Ukraine’s steel sector have risen for the first time by 17.5% y/y in 2025 since the war began

Masha Malonog — Wed, 24 Jun 2026 06:00:09 +0000

In 2025, capital investment by Ukrainian iron and steel companies had risen for the first time since the start of the full-scale war, increasing by 17.5 per cent to $579 million. Companies were actively investing in energy independence, maintaining production capacity and even acquiring overseas assets. However, the start of 2026 brought new challenges: the […]

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Capital investment in Ukraine rose by 5.1 per cent y/y in Q1

Masha Malonog — Thu, 18 Jun 2026 10:36:25 +0000

Capital investment in January–March this year rose by 5.1 per cent year-on-year to 130.1 billion hryvnias, according to the State Statistics Service. Over 41 per cent, or 53.6 billion hryvnias, of the total value of capital investment was accounted for by industry. Around 13 per cent, or 16.5 billion hryvnias, went to agriculture, forestry and […]

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Zaporizhstal is set to increase spending on major crane repairs by almost sevenfold in 2026

Masha Malonog — Mon, 15 Jun 2026 10:24:23 +0000

The Zaporizhstal Steelworks continues to systematically upgrade its lifting machinery and crane equipment. While Zaporizhstal carried out major repairs to crane equipment worth 13.6 million UAH in 2025, the cost of similar repairs will amount to 90 million UAH in 2026. This is stated in the company’s press release. In 2025, the company carried out […]

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Kametstal has upgraded a key component of its pulverized coal fuel system

Masha Malonog — Tue, 12 May 2026 03:41:03 +0000

At the Kametstal steelworks, part of the Metinvest Group, a major overhaul of grinding circuit No. 2 of the pulverized coal fuel (PCF) complex has been completed, marking an important step in the modernization of blast furnace production. The upgrade is aimed at improving equipment reliability and energy efficiency, according to a press release. PFC […]

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Kametstal received $440,000 in benefits from its new lining technology

Masha Malonog — Wed, 06 May 2026 03:30:07 +0000

The converter shop at the Kametstal steel mill, part of the Metinvest Group, achieved a record result by extending the service life of the lining in Converter No. 2 by 1,315 smelting runs. With a guaranteed refractory life of 4,500 melts, the actual figure reached 5,815, representing a 29% increase, according to a press release. […]

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ArcelorMittal Poland has restarted blast furnace No. 3 in Dąbrowa Górnicza

Masha Malonog — Fri, 01 May 2026 07:53:07 +0000

ArcelorMittal Poland, the Polish subsidiary of global steel producer ArcelorMittal, has resumed operations at blast furnace No. 3 at its steelworks in Dąbrowa Górnicza following a several-month shutdown caused by challenging market conditions. This was announced in a company press release. The unit was blown in on the evening of April 28, and the first […]

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Kametstal has completed the overhaul of ladle furnace No. 1

Masha Malonog — Wed, 29 Apr 2026 07:59:21 +0000

The Kametstal steel Plant has completed a major overhaul of ladle furnace No. 1 in the converter shop. The unit has already resumed operations and is operating in a rotating cycle with unit No. 2, according to a press release. The ladle furnace is a crucial part of the steelmaking process, where steel undergoes final […]

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ArcelorMittal Poland has completed preparations for the restart of blast furnace No. 3

Masha Malonog — Mon, 27 Apr 2026 10:52:58 +0000

ArcelorMittal Poland has completed preparations for the restart of blast furnace No. 3 at its site in Dąbrowa Górnicza. The project cost 60 million zlotys, and its implementation is expected to restore the plant’s full production capacity, according to a press release. The company announced the completion of the work during the official launch of […]

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Kametstal is carrying out a major overhaul of blast furnace No. 9

Masha Malonog — Sat, 25 Apr 2026 07:02:57 +0000

At the Kametstal steelworks, part of the Metinvest Group, a third-class overhaul of blast furnace No. 9 is underway this week. The work is being carried out on a “blitz” schedule, which allows for the rapid replacement of critical equipment and minimizes the unit’s downtime, according to a press release. One of the key tasks […]

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Kametstal has completed a major overhaul of Converter No. 2

Masha Malonog — Thu, 09 Apr 2026 07:12:09 +0000

At the Kametstal steel mill, part of the Metinvest Group, a program of major overhauls of key production equipment for 2026 has begun. The first major phase was the overhaul of Converter No. 2 in the converter shop, according to a press release. The key task was to replace 860 tons of refractory lining that […]

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ArcelorMittal has completed a $1.1 billion investment in Brazil’s green energy sector

Masha Malonog — Tue, 07 Apr 2026 08:16:39 +0000

ArcelorMittal Brasil has completed a $1.1 billion investment program in its own renewable energy generation in the country following the commissioning of a solar park at the Babilônia Centro complex in the municipality of Varzea Nova, Bahia state. The new 200-MW plant began operations in March of this year, according to a press release. The […]

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South Korea has approved the site for POSCO’s hydrogen-based DRI plant

Masha Malonog — Sat, 04 Apr 2026 07:16:15 +0000

South Korean authorities have finally approved the site for POSCO’s project to build a hydrogen-based steel complex in Pohang. According to SteelOrbis, citing local media, South Korea’s Ministry of Land, Infrastructure, and Transport has approved amendments to the Pohang National Industrial Complex plan, paving the way for the creation of a special industrial zone near […]

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ArcelorMittal has launched a new phase of its electrical steel project in France

Masha Malonog — Thu, 02 Apr 2026 12:43:28 +0000

ArcelorMittal France announced the production of the first coil on the new electrical steel production line at its site in Mardic. The company described this stage as crucial for further fine-tuning of equipment and industrial processes ahead of a gradual ramp-up to steady-state production and the final validation of all lines to ensure the supply […]

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Zaporizhstal allocated 9.8 million UAH for the repair of hot rolling mills

Masha Malonog — Sat, 28 Mar 2026 07:05:16 +0000

At the Zaporizhstal Steel Works, part of the Metinvest Group, the first phase of the major overhaul of the Slabbing 1150 and BTLS-1680 rolling mills in the hot rolling shop has been completed. The total investment in this phase of the overhaul amounted to UAH 9.8 million, according to a press release from the company. […]

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Pittini begins modernization of Siderpotenza rolling mill in Italy

Masha Malonog — Wed, 21 Jan 2026 09:56:11 +0000

Italian metallurgical company Pittini has commissioned Danieli to implement a project to modernize the rolling mill at Siderpotenza, which will be an important step in improving production efficiency and environmental sustainability of the asset. This is stated in the company’s press release. The project is part of Pittini’s long-term strategy aimed at developing industrial capacity, […]

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Central Mining has completed scheduled overhaul of pelletizing plant

Masha Malonog — Thu, 25 Dec 2025 08:56:47 +0000

The Central Mining and Processing Plant (Central Mining), part of the Metinvest Group, has completed another scheduled overhaul of its pelletizing plant, a key unit for the manufacture of commercial products. This was reported by Metinves.Media. Such work is carried out twice a year at the enterprise and is aimed at restoring and replacing critically […]

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Northern Mining automates control systems to improve safety

Masha Malonog — Wed, 17 Dec 2025 08:06:11 +0000

Metinvest Group’s Northern Mining and Processing Plant (Northern Mining ) is continuing to implement automated process control systems (APCS) aimed at improving occupational safety, stabilizing product quality, and making more efficient use of resources. This is according to a statement by Metinvest.Media. The 2024-2025 projects cover key production areas and involve the extensive modernization of […]

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Kametstal has completed the reconstruction of continuous casting machine No. 1

Masha Malonog — Fri, 05 Dec 2025 12:32:41 +0000

As part of the 2025 investment program, the converter shop at the Kametstal steel plant, part of the Metinvest Group, has completed the reconstruction of continuous casting machine No. 1 (CCM-1). This is stated in the company’s press release. The second stage of the project involved upgrading key equipment for the pull-straightening devices, which ensure […]

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Zaporizhstal invested UAH 40.3 million in the overhaul of the PRK-5 car dumper

Masha Malonog — Tue, 02 Dec 2025 09:52:14 +0000

In November 2025, Metinvest Group’s Zaporizhstal steelworks successfully completed a major overhaul of the PRK-5 car dumper, one of the company’s key logistics facilities, which handles around 250 railcars carrying raw materials weighing 70 tons each every day. The total cost of the overhaul was UAH 40.3 million, according to a press release from the […]

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Zaporizhstal has invested UAH 370 million in the overhaul of its main units since the beginning of the year

Masha Malonog — Tue, 18 Nov 2025 12:20:36 +0000

Metinvest Group’s Zaporizhstal steelworks continues to implement its annual capital investment program aimed at supporting the stable operation of production facilities and environmental equipment. In 2025, the plant completed a large-scale repair of the main units in the blast furnace, open-hearth, and hot rolling shops. The total budget for the work was UAH 370 million, […]

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Zaporizhkcoke invested UAH 3.7 million in the modernization of stacker No. 2

Masha Malonog — Thu, 13 Nov 2025 10:54:58 +0000

PJSC Zaporizhkcoke, one of Ukraine’s largest producers of coke for metallurgy, has resumed operation of the No. 2 rotary-mobile stacker in the coal preparation section of the coke plant following a major overhaul. The total investment in the restoration of the unit amounted to UAH 3.7 million. This is stated in the company’s press release. […]

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DMZ plans to produce 6.3 thousand tons of rolled steel during the November campaign

Masha Malonog — Thu, 06 Nov 2025 08:51:03 +0000

Next week, the Dnipro Metallurgical Plant (DMP), part of the DCH Steel group, will launch a production campaign in rolling mill No. 2 (RM-2). The company plans to produce 6,300 tons of rolled steel, including channels of various sizes in accordance with European standards and DSTU, according to the DCH corporate newspaper. During preparations for […]

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ArcelorMittal Kryvyi Rih has resumed operation of coke oven battery No. 5

Masha Malonog — Tue, 04 Nov 2025 11:19:35 +0000

After 483 days of downtime, the ArcelorMittal Kryvyi Rih steelworks restarted coke oven battery No. 5 in coke shop No. 1. On October 20, the first batch of coal charge was loaded into furnace No. 502, and on October 22, the first coke was produced. This moment marked the official resumption of the unit’s operation […]

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Kametstal renovates coke production disintegration building

Masha Malonog — Mon, 03 Nov 2025 09:29:53 +0000

A large-scale investment project is underway at the Kametstal Iron and Steel Plant, part of the Metinvest Group, to reconstruct the disintegration department of the coke plant. The aim is to extend the reliable operation and improve the safety of this key coke production unit, according to a press release. The coal preparation department performs […]

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Kametstal starts overhaul of gas pipeline for coke production

Masha Malonog — Wed, 29 Oct 2025 10:37:06 +0000

The Kametstal Iron and Steel Plant, part of the Metinvest Group, has begun major repairs on the coke oven gas pipeline in the primary gas refrigerators section of the coking chemical products capture workshop. The work is being carried out as part of the Gas Safety-2025 program on the instructions of the company’s CEO, according […]

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DMZ to build a new water pipeline to save energy and reduce water losses

Masha Malonog — Sun, 26 Oct 2025 07:37:36 +0000

The Dnipro Metallurgical Plant (DMP) plans to implement a large-scale project aimed at saving energy resources and improving the efficiency of water supply. The company will build a new water pipeline to supply technical water from coastal pumping station No. 1 to the treatment facilities that serve rolling mill No. 2, according to the corporate […]

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Kametstal starts construction of a new blast furnace gas collector

Masha Malonog — Mon, 20 Oct 2025 07:54:55 +0000

The Kametstal metallurgical plant, part of the Metinvest Group, has launched a large-scale construction project for a new blast furnace gas collector in accordance with its capital investment program for 2025. This was announced in a press release from the company. The blast furnace gas collector is a key element of the company’s technological infrastructure. […]

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Kametstal has begun major repairs on its 400/200 rolling mill

Masha Malonog — Tue, 14 Oct 2025 08:32:27 +0000

The rolling shop of the Kametstal metallurgical plant, part of the Metinvest Group, has begun modernizing the plant’s main rolling mill, 400/200, which will be operating at full capacity in 2025, according to a press release. The main objectives of the repair work are to increase the reliability of key units and reduce energy costs. […]

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Kametstal has begun a series of major repairs to its rolling equipment

Masha Malonog — Wed, 08 Oct 2025 08:21:33 +0000

The Kametstal steel plant (Metinvest Group) has launched a series of major overhauls of its main rolling equipment as part of its 2025 program. The first object of the large-scale upgrade was the pipe mill, which produces SVP-27 mine props and blanks for large-diameter grinding balls, according to a press release. The main focus of […]

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Central Mining upgrades main conveyors with modern drive systems

Masha Malonog — Thu, 25 Sep 2025 13:06:14 +0000

The crushing plant at Central Mining and Processing Plant (Central Mining and Processing Plant, Metinvest) is continuing its program to upgrade the drive gearboxes of its conveyors. The program began two years ago with the replacement and repair of components of the K-2 main conveyor, which is one of the factory’s key transport lines, according […]

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Kametstal is upgrading equipment at coke oven battery No. 5

Masha Malonog — Wed, 24 Sep 2025 07:09:36 +0000

Work is continuing in the coke shop of the Kametstal metallurgical plant to upgrade the equipment of coke oven battery No. 5 as part of the 2025 capital repair program. One of the main tasks is the modernization of coke pusher No. 4, a machine responsible for delivering finished coke from the chambers to special […]

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Central Mining updates conveyor gearboxes at crushing plant

Masha Malonog — Thu, 18 Sep 2025 03:13:37 +0000

The Central Mining and Processing Plant (Central Mining) is continuing its program to modernize the drive gearboxes of its conveyors. The main goal is to replace components that have reached the end of their service life with modern and more reliable equivalents. This will prevent emergency shutdowns, maintain a stable production rhythm, and ensure personnel […]

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ArcelorMittal Poland to build first solar power plant in Silesia

Masha Malonog — Wed, 10 Sep 2025 10:44:33 +0000

Polish steel producer ArcelorMittal Poland has announced the construction of a solar power plant on the territory of its division in Świętochłowice, formerly known as Huta Florian. It will be the first photovoltaic farm in the company’s history, which will provide electricity to local production facilities, according to a press release. The project envisages the […]

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Metinvest launches gas generators at Northern Mining to achieve energy independence

Masha Malonog — Wed, 10 Sep 2025 09:21:10 +0000

As part of a program to ensure the energy independence of Metinvest Group companies, two gas generators have been operating at the Northern Mining and Processing Plant (Northern Mining) since July. In two months of operation, they have generated 1,040 MWh of electricity and achieved economic benefits of UAH 2.3 million. In total, four such […]

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Capital investments in Ukraine’s steel industry grew to UAH 7.99 billion in 1H2025

Masha Malonog — Mon, 01 Sep 2025 10:36:46 +0000

Capital investments in the sector “Steel production, production of finished steel products, except for machinery and equipment” in January-June 2025 increased by 57.9% compared to the same period in 2024, reaching UAH 7.99 billion. This is evidenced by data from the State Statistics Service. Capital investments in the “Mining and quarrying” sector amounted to UAH […]

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Zaporizhstal invests UAH 135 million in overhaul of heating wells

Masha Malonog — Wed, 27 Aug 2025 11:23:00 +0000

As part of its annual capital investment program, Metinvest Group’s Zaporizhstal steelworks is carrying out comprehensive overhaul of three groups of heating wells in the slab department of the hot rolling mill. The total cost of the work exceeds UAH 135 million, according to a press release. According to the acting CEO of the plant, […]

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Metinvest resumes construction of thickening complex at Northern Mining

Masha Malonog — Fri, 08 Aug 2025 05:24:26 +0000

The construction of a state-of-the-art thickening complex for beneficiation waste is underway at Northern Mining and Processing Plant (Northern Mining, Metinvest Group). The facility is located on the territory of the process water and sludge management shop. It will allow the company to reduce costs, cut energy consumption, reduce water consumption and reduce the environmental […]

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Poland’s JSW launches €25.6 million project to produce hydrogen from methane

Masha Malonog — Thu, 24 Jul 2025 08:03:34 +0000

Jastrzębska Spółka Węglowa (JSW), Europe’s largest producer of coking coal, has officially launched the ambitious METH2GEN project, which aims to combat mine methane and use it to produce cheap hydrogen. The total budget for the initiative is €25.6 million, of which more than €20 million is being financed by the company itself. The project has […]

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ArcelorMittal Kryvyi Rih has acquired four new SHAHTUI mining dump trucks

Masha Malonog — Tue, 22 Jul 2025 07:51:14 +0000

ArcelorMittal Kryvyi Rih’s motor transport department has added four new SHAHTUISK90-C6 dump trucks with a load capacity of 60 tons to its fleet of heavy-duty vehicles. The company is one of the first in Ukraine to introduce this model into production. This was reported in the corporate newspaper Metallurg. The new machines are already operating […]

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Metinvest has attracted €24 million in foreign capital to modernize Northern Mining

Masha Malonog — Mon, 21 Jul 2025 11:17:20 +0000

Metinvest Group announced that it had secured a €23.6 million buyer credit facility with a term of 11.5 years for the Northern Mining and Processing Plant in Kryvyi Rih. The loan was provided under the guarantee of the Finnish export credit agency Finnvera. Deutsche Bank acted as the sole arranger and lender, with legal support […]

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Interpipe to invest $120 million in modernizing railway product manufacturing by 2032

Masha Malonog — Wed, 16 Jul 2025 09:42:22 +0000

Ukrainian industrial company Interpipe plans to invest $120 million in modernizing its railway product manufacturing facilities by 2032. The company presented the investment program at the Ukraine Recovery Conference 2025 international conference held in Rome, according to a press release. The program includes several key projects: the construction of a new heat treatment line, the […]

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Polish Walcownia Blach Batory invests in wear-resistant steel production

Masha Malonog — Tue, 15 Jul 2025 07:51:12 +0000

Walcownia Blach Batory (WBB), part of the Węglokoks group (Poland), has launched an investment project entitled “Production of high-hardness wear-resistant steel directly on the rolling mill.” The initiative is financed by the Polish Reprivatization Fund, according to a press release from the company. On July 1, the company held negotiations with INOXIHP Poland regarding the […]

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Zaporizhcoke completes overhaul of coke oven battery No. 2

Masha Malonog — Fri, 11 Jul 2025 11:37:49 +0000

Zaporizhcoke, a subsidiary of Metinvest Group, has completed the next stage of its overhaul program for coke oven battery No. 2. In 2025, the company allocated approximately UAH 50 million to modernize the production unit. The repairs not only extended the battery’s service life, but also stabilized production indicators and reduced the impact on the […]

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Thyssenkrupp launches new production lines in Duisburg with €800 million investment

Masha Malonog — Mon, 07 Jul 2025 08:12:19 +0000

Steel company thyssenkrupp Steel Europe has completed a major upgrade of its production complex in Duisburg, Germany. After two years of construction and installation, the company has launched a new continuous casting machine (CCM) No. 4, a deeply modernized hot rolling mill No. 4 with two walking beam furnaces, and fully automated slab logistics. This […]

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Overhaul of key boiler unit No. 9 has begun at Kametstal’s thermal power plant

Masha Malonog — Sun, 06 Jul 2025 05:57:31 +0000

In the boiler room of the Kametstal steel plant’s thermal power plant, major repairs have begun on the most powerful medium-pressure boiler unit No. 9. This unit plays a critical role in meeting the plant’s technological needs, producing steam for turbo blowers and key production units. This is stated in the company’s press release. A […]

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