The Metinvest Group, an international, vertically integrated mining and metals company based in Ukraine, suspended some operations of its Ilyrich Iron and Steel Works and Azovstal.
Ilyrich’s crisis response centre made the decision for the safety of the employees and to protect the facilities. Both the Ukrainian plants used up the available hot metal and crude steel on 24 Feb’22 after which all the operations were put on hold. All operations at Ilyrich, Azovstal and the sinter plant of MMKI have been suspended, which will continue for the next seven days. Ilyich suspended the cold rolling shops form 1,700 mm and 3,000 mm wide strip hot rolling mills.
Azovstal plans to preserve blast furnace shop, plate rolling shop, lime-burning shop, basic oxygen furnace shop, blast furnace shop and rail fastening shop.
In 9M 2021, total crude steel output produced was 6.9 million tonnes (mnt), out of which share of Azovstal and Ilyich Steel were at 3.3 mn t and 3.2 mn t respectively.
Metinvest has secure facilities with sufficient emergency supplies and other networks related to medicine and engineering. Sources inform that if circumstance turn more volatile, employees will be immediately notified by the supervisors to take refuge in these shelters.
The Group owns mining and metallurgical assets in Ukraine, Europe and USA, complemented by a global sales network.
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