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26
January
2022

Metinvest masters production of over 50 new types of products in 2021

KYIV. Jan 26 (Interfax-Ukraine) – Metallurgical enterprises of Metinvest Group mastered production of 54 new types of products in 2021, including the result of a joint venture, the Zaporizhstal plant, which launched seven new products.

According to a press release from Metinvest on Wednesday, a significant economic effect from the sale of new products was achieved due to market conditions and increased operational efficiency in production and sales.

At the same time, it is specified that most of the new products last year were mastered in the segment of thick (15) and hot-rolled coils (13). Also new items appeared in the categories of steel semi-finished products (11), cold-rolled coil (six), long products (five) and galvanized coil (four).

The leader in terms of the number of new products is the Azovstal plant, followed by Illich Iron and Steel Works, Zaporizhstal is in the third place, and the metallurgical plant in Kamianske (Dniprovsky Integrated Iron & Steel Works) and Unisteel close the top five.

In the segment of semi-finished products, in particular, Azovstal has mastered production of slabs from nine new steel grades with additional customer requirements for chemical composition. Semi-finished products were intended for the European market. The high quality of products is confirmed by their shipment volume in 2021 – more than 200,000 tonnes of new grade slabs were delivered to customers.

Rolled steel: at Illich Iron and Steel Works, eight new types of products were produced at the modernized hot rolling mill 1700. Here, production of hot-rolled coil in new thicknesses, as well as four new steel grades, was launched.

Last year, Zaporizhstal focused on expanding the brand and size range of rolled products according to foreign standards.

Unisteel was the leader in the segment of galvanized products. Last year, the company started producing rolls with additional oiling to improve weather resistance.

Long products: Dniprovsky Coke and Chemical Plant, after purchasing a single property complex of Dniprovsky Integrated Iron and Steel Works and consolidating the production volumes of the latter, has also brought a number of new products to the market since August 2021.