Azovstal Iron and Steel Works Increases Output of Major Products
OREANDA-NEWS. December 4, 2007. PJSC Azovstal Iron and Steel Works has increased the output of major products from the beginning of the year, the System Capital press service reported. Iron production for 11 months of 2007 made 4 mln. 942 thou. t which is 353 thou. t (7.7%) higher y.o.y. Steel production made 5 mln. 746 thou. t. which is 293 thou. t (or 5.4%) higher than for 11 months of 2006. Roll products output increased by 275 thou.t (5.7%) y.o.y. and made 5 mln. 067 thou. t.
PJSC Azovstal Iron & Steel Works is a modern hi-tech enterprise that produces the wide range of metal products including metallurgical coke, convertible iron, slabs, shapes, sections, rails, rail fasteners, square billet, heavy plate, slag products for steel making.
Azovstal Iron & Steel Works is among three leading companies by production of iron, steel and rolled products in Ukraine. Designed production capacity of the Works allows to produce over 6.2 mln tons of iron, over 6.4 mln tons of steel, including 4.4 mln tons of converter steel, over 4.4 mln tons of rolled products and up to 285 thou tons of rail fasteners and 170 thou tons of milling balls.
PJSC "Azovstal" Iron & Steel Works is a part of Metinvest Group, which performs the strategic management of SKM Group’s mining and steelmaking business. Management Company of Metinvest Group is Limited Company "Metinvest Holding".
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