Steel and rolled products division unites the steelmaking, rolled products and SAW pipes manufacturing businesses of Metinvest. In 2008, the operating companies of the division produced 8.2 mmt of crude steel and over 9.2 mmt of finished goods, including 0.4 mmt of large diameter line pipes.
Steel and rolled products division is headed and administered by Jack MacLachlan, Director of the division.
Azovstal Iron and Steel Works being the leading company of the steelmaking wing of the Group is ranked second among world class suppliers of steel concast slabs in terms of volume. The company is the only producer of high quality railroad rails in Ukraine.
Yenakievo Iron and Steel Works (Yenakievo Steel Group or Yenakievo Steel) is one of the world leading concast billet producers.
Khartsyzsk pipe plant is CIS largest producer of single seam large diameter (up to 1422 mm or 56”) longitudinally welded line pipes used in construction of oil and gas pipelines worldwide.
In Europe Metinvest is represented by rerolling companies in Italy and UK. Ferriera Valsider SpA is an Italian rerolling company producing carbon steel plate and hot-rolled coil with production volume of more than 500 Kt of flat rolled products annually. Metinvest Trametal (Trametal) and Spartan UK are two modern producers of high quality carbon steel heavy plates located in Italy and Great Britain respectively.
Promet Steel is a modern rerolling plant in Bulgaria manufacturing long products (rebar, debar, shapes and bars, structurals). Promet Steel with Makeyevka Steel alike were acquired by Metinvest Group as a result of merger of mining and metals assets of SCM and Smart Holding in September 2007. Promet Steel will join the Group after the merger is approved by the relevant authorities of the EU and Bulgaria that is anticipated soon.
Strategic objectives of the Steel and rolled products division:
Production of lower cost steel
- To reach world class level in raw materials and energy consumption, production efficiency and performance through total modernization and reconstruction of blast furnace facilities at steelmaking plants.
- To produce high technology steel products.
- To utilize the economy of scale in maximizing the production volumes.
Effective products sales
- To establish an efficient client oriented sales service.
- To diversify clients base to secure stability during industrial crisis.
- To provide all the slabs and billets being processed at rerolling facilities within the Group.