The Azovstal Metallurgical Plant (Mariupol, Donetsk Region), a member of the Metinvest Group, has begun replacing the second mixer of the converter shop; more than $ 9 million will be spent on the project.
As reported in Metinvest’s Facebook information on Wednesday, the old structure will be dismantled by mid-July, then the foundation will be restored and altered, and the new installation is planned to be assembled in August.
The new mixer is specified to be more durable, with lengthened rails of the tilt-lift mechanism for draining cast iron and a modified type of lid attachment.
“The project cost is more than $ 9 million. The modernization of equipment will reduce costs and time during the next scheduled equipment repairs,” the company explains.
Azovstal is part of the Metinvest Group, the main shareholders of which are SCM Group (71.24%) and Smart Holding (23.76%), jointly managing the company.
Metinvest Holding LLC is the management company of Metinvest Group.