ABOUT THE MILL

ABOUT THE MILL

ABOUT THE MILL
INTERPIPE STEEL is the first metallurgical plant, built in Ukraine from the scratch for almost half a century. Total volume of investments has amounted to 700 million US dollars.
 
INTERPIPE STEEL is the largest electric steel-melting complex for production of round steel billets in the Eastern Europe. INTERPIPE STEEL has been designed to provide the Company’s pipe and wheel production with its own steel billets.
The production capacity of the new mill is 1.32 million tons of round steel billets a year.
 

The mill combines innovative steel-melting technologies, a new approach to the production culture, and contemporary art installations by Olafur Eliasson – part and parcel of the enterprise.
 
Such combination represents a new metallurgical production philosophy of the 21st century – a new phase in the industry development.
 

The list of economic and social aspects for implementation of this electric steel-melting complex construction includes the following:
 
• Yearly growth of payments to budget and off-budget funds - 150 million UAH;
• Reduction of the natural gas consumption in the Dnipropetrovsk region by 60 million cubic meters a year (just for a comparison: the saved volume of gas is enough for weekly consumption by the entire city of Dnipropetrovsk or the three-month gas consumption by INTERPIPE NTRP);
• Reduction of gross emissions of harmful substances to the atmosphere by more than 2.5 times; and
• Creation of more than 700 new jobs.