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Yenakiieve Steel Makiivka Вranch developed new wire rod type

30 April 2013

New St3sp (Ст3сп) carbon wire rod with 11.0 mm diameter was developed at Mill-150 of Yenakiieve Steel Makiivka Branch, Metinvest Group. The product is manufactured for wire drawing and widely used in construction area. The wire rod passed laboratory tests and complies with all the requirements of DSTU 2770 and GOST 2590 standards. Investments in this new product development amounted to UAH 140 000.

Major preparation work was carried out under the new wire rod development activities at Mill-150. During seven months Makiivka Branch specialists have been upgrading the equipment, adjusting stands, mill guides, roll nips and calculating the appropriate calibration (Ø11.0 mm). As the result they managed to produce six coils of finished product. The wire rod was tested at the Works laboratory. According to the final report, the wire rod geometry complies with GOST 2590 requirements and the mechanical properties meet DSTU 2770 requirements.

“This event is crucial for us. It is the first time ever we produce export grade steel product of Ø11.0 mm. More than 10 years had passed since the last time we developed new product and today we started to expand our product mix again, - highlighted Aleksander Chudnovets, Director of Yenakiieve Steel Makiivka Branch. – We have enlarged our product portfolio that ensures full production capacity for Mill-150 throughout year.”

“Mill-150 products are in demand at domestic market as well as among customers from Israel, China, Russia, Belarus, Moldova, Africa, - said Dmitriy Nikolayenko, Sales Director of Metinvest Holding, LLC. – Makiivka Branch product mix has been expanded up to 11 section types that allows increasing the range of customers and the supplies geography.”

For editors:

Wire rod is used for different purposes including drawing for welding wire, construction steel ropes, telegraph cables, bundling wire and welding rods.

Continuous double-strand wire rod Mill-150 was commissioned in 1994. The Mill is designed for wire rod production in coils of Ø5.5 -12.0 mm. Maximum rolling speed is 100 m/s. The designed yield is 1 mln. tones of finished product.

PJSC Yenakiieve Iron and Steel Works comprised of Yenakiieve Steel and its Makiivka Branch, is a world leader in commercial billet production. The company produces cast billet, bar products and various section rolled products (beams, channels, angles, etc.) as well. Yenakiieve Steel production performance for 2011are as follows: 1.9 mln. tones of hot sinter, 2.3 mln. tones HM, 2.7 mln. tones of liquid steel, 2.6 mln. tones of rolled product. Yenakiieve Steel is the only producer of shapes for elevator tracks within Ukraine.

Two up-to-date blast furnaces (BF No.3 and BF No.5) and first continuous casting machines (CCM) manufactured in Ukraine are operating at Yenakiieve Steel. In 2012 BF No.3 was acknowledged as the best industrial facility in Ukraine according to the competition by Ministry of Regional Development, Construction and Housing of Ukraine.

For the second time Yenakiieve Steel implements, in Yenakiievo and Makiivka, which are towns of presence, the social programme “We improve our town with our own hands”. The allocated funds exceeded UAH 500 th. for 2011-2012. In 2012 Yenakiieve Steel management and local authorities signed “Town-Works” social and economic development agreement, aimed to create comfortable living conditions for citizens.

Yenakiieve Steel is part of Metinvest Group’s Metallurgical Division.

METINVEST GROUP is an international vertically integrated steel and mining group of companies, managing every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. The Group comprises steel and mining production facilities located in Ukraine, Europe and the USA and has a sales network covering all key global markets. The Group consists of Metallurgical and Mining Divisions. Metinvest’s strategic vision is to become the leading vertically integrated steel producer in Europe, delivering sustainable growth and profitability resilient to business cycles and providing investors with returns at above the industry benchmarks.  In 1st half of 2012 Group received the profit of US$6.74 bln, the cost-effectiveness as to EBITDA index comprised 16%.

The major shareholders of the Company METINVEST B.V. (a holding company of Metinvest Group) are SCM Group (71.25% ownership) and Smart-Holding (23.75% ownership) partnering in Company’s management.

METINVEST HOLDING LLC is the managing company of Metinvest Group.

Get more information at www.metinvestholding.com