modernization - Latest news GMK Center
17 April 2026
The total investment amounts to $3.97 billion
UAH 5.3 million was allocated for these purposes
Board of Directors approves $350 million project funding
The agreement is the company's first ECA loan since the start of the full-scale invasion
The key feature of the project is the conversion of the increased volume of blast furnace gas into electricity
10 July 2024
In May 2025, new capacities will be put into operation
30 April 2024
Investments in maintenance will amount to $385 million, and the unit will be put back into operation in June 2024
13 December 2023
Updated facilities will allow the company to better meet the needs of the market
24 November 2023
Such steps will help the industry to achieve qualitative growth
07 June 2023
The order for modernization was received by the Spanish Sarralle Group
20 April 2023
The company plans to start green steel production at its IJmuiden plant in the Netherlands in 2030
31 March 2023
The modernization is planned to be completed within three years