Metallurgy of the New Generation

by Roman Cheplyk
Wednesday, December 15, 2021
Metallurgy of the New Generation

The first metallurgical plant built from scratch in Ukraine in almost half a century with a total investment of $700 million

Interpipe Steel is the largest electric steel mill for round steel billets in Eastern Europe. The new plant's capacity is 1.32 million tons of round steel billets per year.

The plant combines innovative steelmaking technologies, a new approach to industrial culture, and modern art installations by Olafur Eliasson, which have become an integral part of the enterprise. This is a new philosophy of metallurgy of the 21st century — a new round in the development of the industry.

Key events:

  • 2020. Interpipe reported 200kg CO2 emissions per ton of steel, one of the best in the world;
  • 2020. Interpipe is considering several operating scenarios in the 2-3rd quarters of 2020, which imply a decrease in production volumes by 30-50%;
  • 2019. Interpipe Steel invested $10 million in development, according to the presentation on the financial results of Interpipe for 12 months; 
  • Dec 2019. Steel production at Interpipe Steel in 2019 decreased due to a drop in pipe production at Interpipe smelters due to challenging market conditions in the pipe segment;
  • 2018. In 2018, representatives of the enterprises declared that due to the shortage of scrap in Ukraine, Interpipe Steel could not use it in favor of hot iron (HBI) and cast iron;
  • 2015. In 2015, a comprehensive energy management system was introduced at the plant. Thanks to the changed settings of the steam generator, in 2015-2016. managed to achieve savings of $6 million;
  • 2007. Interpipe Steel is known as an art installation by Danish sculptor Olafur Eliasson, which was specially created and installed during the plant's construction;

The construction project of Interpipe Steel was announced in 2007. The plant was commissioned in 2012.


You will be interested