OREANDA-NEWS. February 16, 2010. According to a recent Azovmash press service release, the Company has produced and supplied two charging units to the Azovstal. The press service does not disclose the cost of the contract.

Once again, this kind of news confirms Millennium Capital's forecasts about a growth in demand for heavy machinery in view of the resumption of modernization programs by steelmakers, and it is positive news for Mariupol Heavy Machinery Plant , which is part of Azovmash Concern. Millennium Capital would like to remind that the Company has shipped two semi portal machines to load scrap into converters to the Novolipetsk Steel Mill in Russia in early January and has a contract to deliver its equipment for the Mariupol Illich Steel Works and the U. S. Steel Serbia Steel Works.