After the modernization of the mill 1700 MMK im.Lenin consolidated production of hot-rolled coil steel in the plants of Metinvest group will increase to 4.5 million tons per year. On Tuesday in Mariupol, said the sales Director of Metinvest holding, Dmitriy Nikolaenko.
Over the past seven years, Metinvest has invested in the modernization and upgrade of the plant to $ 1.2 billion. For the reconstruction of mill 1700 planned to spend about $ 110 million (approximately 2.6 billion USD).
Main equipment for the modernization of the plant will put Primetals Technologies Austria. On the basis of the proposed Austrian engineering project "turnkey" implements "Metinvest-Engineering", being a General contractor, designer and supplier of equipment.
Metinvest, the largest mining and metallurgical holding in Ukraine. The group's enterprises are located mostly in Donetsk, Lugansk, Zaporozhye and Dnepropetrovsk regions.
MMK im. Lenin is a part of group "Metinvest", the main shareholders of which is the SCM group (71,24%), Rinat Akhmetov and "Smart-holding" (from 23.76%) Vadim Novinsky.
