MINI STEEL MILL "ISTIL (UKRAINE)"
The flagship of
ISTIL business strategy has its manufacturing facilities in Donetsk,
Ukraine. With the collapse of the former Soviet Union, Ukraine began
an aggressive campaign to privatize many of its enterprises, including
the Donetsk Steel Works. In 1996 Metalsrussia predecessor of ISTIL
acquired majority shares of Donetsk steel Works. The plant was
restructured after capital investment by the ISTIL Group during
1997-2000 period and ISTIL (UKRAINE) was retained by ISTIL Group with
a steel production capacity of one million MT/annum.
consists of electric arc furnaces shop, scrap preparation facility, a
specialty bar rolling mill with heat-treatment and cold finishing
facilities, oxygen block, and other ancillary equipment. Over the last
3 years, ISTIL Group has upgraded the said facility by investing over
US$85 million from its retained earnings by introducing most-modern
technology of steel making, steel refining and continuous-casting from
the world leader in steel mills equipment manufacturing - Danieli,
CJSC MMW ISTIL
(Ukraine) is one of the most prominent metallurgical enterprises in
Ukraine, an example of the successful foreign investment.
ISTIL Group, the owner, has upgraded the facilities
of the mill by committing over USD 100,000,000. The state of the art
steelmaking process with pollution free melting, refining and
continuous casting was implemented at the Mill due to the foreign
ISTIL (Ukraine) assortment
covers continuously cast square billet aimed for rerolling and
continuously cast pipe billet as well as hot-rolled round bars of
carbon, structural, high alloy and stainless steel grades aimed for
engineering and ball bearing plants, pipe mills, enterprises of oil
and gas industry and nuclear power engineering. Besides, ISTIL
(Ukraine) is one of a few CIS mills, where improved heat treated
rolled stock is produced.