Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Metinvest is investing more than $1bn in a new cold-rolled, galvanizing, and color coating steel mill at the Ilyich Steel plant in Mariupol, Ukraine. The first 1.2mn mt phase will exceed $800mn or 80pc of the total estimated investment and be commissioned in 2025. Metinvest signed a contract with the Danieli Group for the new mill.


The new cold-rolling shop will also include a pickling line along with a three-coating line including aluminum, polymer, and zinc. The production capacity is estimated to be more than 400,000mt cold-rolled, 600,000mt galvanized, and 140,000mt polymer. The coated functionality will expand product lines to the domestic market while rolled coils will be exported to the CIS and Europe as well. 


Metinvest’s new site will incorporate important environmental aspects, including replacing the sulfuric acid pickling technology with reusable hydrochloric acid technology.


The second phase will include the expansion of the cold-rolled production to over 1.6mn mt. 


Ilyich Iron and Steel Works of Mariupol is an integrated steel company with the largest sinter plant in Europe. Metinvest is redesigning itself with the installation of the modern continuous casting machine, reconstructed hot strip mill 1700, and now a new cold-rolling mill. 

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