Metallurgical plant Azovstal (Mariupol, Donetsk region), part of the Metinvest group, stopped blast furnace No. 4 due to a decrease in demand for metal products, carried out a major overhaul of the unit for UAH 21 million and is putting it back into operation …
As Metinvest-Mariupol reported on its Facebook page on Friday, after stopping and putting it on the reserve due to a decrease in demand for metal due to quarantine restrictions, DP-4 Azovstal resumes its work. The metallurgists used the simple equipment to carry out a major overhaul of the unit.
It is noted that for the systematic bringing of the furnace to operating parameters, specialists have developed a blowing program. Investments in the overhaul of the unit amounted to UAH 21 million.
As reported, Azovstal in January-April of this year increased the production of general rolled products, according to operational data, by 5.7% compared to the same period last year – to 1.281 million tons, steel production decreased by 0.5% – to 1.354 million tons, but pig iron increased – by 4.5%, to 1.205 million tons.
Azovstal in 2019 reduced the production of total rolled metal by 3.2% compared to 2018 – up to 3.753 million tons, steel – by 1.6%, up to 4.016 million tons, cast iron – by 6.3%, up to 3.475 million tons.
The company 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 “- the management company of the Metinvest group.