Azovstal allocated UAH 60 million for overhaul of converter # 1

The Azovstal metallurgical plant (Mariupol, Donetsk region), a member of the Metinvest group, allocated UAH 60 million for the overhaul of converter # 1, Azovstal CEO Enver Tskitishvili said on Facebook.

“We put the first converter into operation – the unit was under overhaul for 20 days,” the top manager stated.

According to him, during this time, in particular, the converter housing and its relining, work at gas cleaning and boiler maintenance and gas cleaning sites.

“In total, the repair cost UAH 60 million and will provide us with reliable operation of the unit during the overhaul period,” Tskitishvili stated.

As reported, Azovstal Iron and Steel Works in 2020 increased the production of general rolled products, according to operational data, by 2.7% compared to the previous year – to 3.937 million tons, steel – by 4.5%, to 4.195 million tons, pig iron – by 9.4%, to 3.803 million tons.

The company is part of the Metinvest group, the main shareholders of which are the SCM group (71.24%) and Smart-holding (23, 76%), jointly managing the company.

Metinvest Holding LLC is the managing company of Metinvest Group.

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*