22 November 2013
Despite the adverse economic conditions and recession in demand for steel products Metinvest Group will continue to invest in the improvement of environmental performance of "AZOVSTAL IRON & STEEL WORKS".
The period of forced reduction in output will be maximally used for the enterprise modernization with a focus on the environment.
Enver Tskitishvili, Director General of "AZOVSTAL IRON & STEEL WORKS", stated this at live television broadcast at Donbass Channel.
Enver Tskitishvili said: "Today the company filters ensure the required treatment, but we are striving to reach higher standards. We plan to install new protection systems at HM Desulphurization Department of BOF Shop, at ladle furnaces. We are not just going to reach European standards. The degree of purification will be even better".
As explained by Director of steel giant, in addition to the recently declared reconstruction of BF-4, Metinvest will upgrade the other blast furnaces with installation of up-to-date gas treatment systems over a period of three years. It is planned to introduce the latest advances in the field of metallurgical environment by replacement of depreciated aspiration systems with bag filters. At the moment, it is the most modern equipment for exhaust gas recovery and treatment.
Director General of "AZOVSTAL IRON & STEEL WORKS" noted: "Continuous personnel training, investments in the modernization are the confidence in future of the enterprise. The enterprise employees understand their significance for production, they realize how they are personally influence on the enterprise economy and city environment. Not only modernization and installation of the best filters are of the highest priorities. Evolution is that all the employees want to see Mariupol sky always blue".
- For editors:
PJSC "AZOVSTAL IRON & STEEL WORKS" is a modern high-technology enterprise manufacturing wide range of steel products: slabs, bars, shapes, railway rails, rail fasteners, square billets, plates and products of metallurgical slag.
Production capacities of the enterprise allow to produce annually over 5.5 mln. t of iron, over 6.2 mln. t of steel (aim is to achieve 7 mln.t of steel per year) and over 4.4 mln. t of rolled products. Design capacities for rail fasteners production is 285 thous. t per year, grinding balls 170 thous. t per year.
Metinvest is a vertically integrated mining and metallurgical group of companies that manages assets in each segment of production chain, from extraction of iron ore raw materials and coal, as well as coke production up to manufacture of steel semi-finished and finished products, pipes and coils and also manufacture of other high-value-added products. The Group incorporates mining and metallurgical enterprises located in Ukraine, Europe and USA and has sales network covering all global key markets. The key shareholders of Metinvest are SCM Group (71.25%) and Smart Holding (23.75%) that manage the Company collaboratively.
"METINVEST HOLDING" LLC is the managing company of Metinvest Group.