Home / Main / Metinvest starts practical implementation of a billion dollar metallurgical project

Metinvest starts practical implementation of a billion dollar metallurgical project

Main / Ukraine

The modern rolling complex in Mariupol will expand the product range of the Ilyich plant, which means it will increase the company's competitiveness in the domestic and foreign markets. Metinvest is investing over $ 1 billion in the project.

Metinvest starts practical implementation of a billion dollar metallurgical project
Фото: На ММКИ готовят площадку под новый цех / Метинвест

At the Ilyich Metallurgical Plant in Mariupol, the Metinvest group has begun the practical implementation of the most ambitious industry project since the independence of Ukraine for the construction of a new workshop for the production of cold-rolled steel, galvanized and painted coils.

As reported at the plant, the site is currently being prepared for the construction of the main and auxiliary facilities of the unit, which will be carried out by a large foreign contractor with experience of participation in similar projects.

“The site is currently being prepared for the construction of a new building for the cold rolling shop, where the main units will be located. The construction of the main workshop building, auxiliary facilities, installation of the main technological equipment will be carried out by an external contractor, "said Denis Kamyshenko, head of the capital construction management project at MMKI.

The projected dimensions of the main workshop are about 750 meters in length and up to 140 meters in width. Additionally, water facilities, gas treatment facilities, a hydrochloric acid regeneration unit, a high-voltage substation, warehouses for fuels and lubricants will be built, and a transport interchange will be completed. The construction is planned to be carried out in two stages and to be completed in 2028.

At the first stage, a 5-stand cold rolling mill combined with a pickling line, a zinc coating unit and a combined unit with the possibility of producing products with zinc and polymer coating will be assembled from the main equipment. Investments in this part of the construction will exceed US $ 800 million. At the second stage, the installation of longitudinal and cross-cutting units, furnaces for annealing rolls, and a polymer coating unit will be performed. The total investment will exceed $ 1 billion.

“The new rolling complex will significantly expand the range of products, focusing on the domestic market and the market of the CIS and Europe. The company will become even more competitive, displacing low-quality goods from other countries from the Ukrainian market, ”said Sergey Demidenko, deputy head of the cold rolling shop for the production of IMCI.

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