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10 Jun
15:58

Metinvest invests $1 billion in downstream coil plant

Metinvest is launching a major construction project for a new cold-rolled, galvanised and colour-coated coil production facility at its Ilyich Steelworks in Mariupol, the company says. The shop’s capacity will be 1.6 million tonnes/year, Kallanish notes. Total investment will exceed $1 billion. The company intends to complete the project by 2025. The group signed a contract with Danieli to supply the equipment. Project investments will exceed $800 million f…
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