11 June 2013
Metinvest-SMC, Metinvest Group’s retail sales network in Ukraine, installed cutting and slitting line for processing uncoated and galvanized steel coils.
The new equipment will produce cut-to-length products to meet the demand for non-standard sized sheet and strip of sizes required by buyers. The new line can cut coils to strip with the thicknesses from 0.5 to 3 mm and widths from 50 mm and to sheets with length from 500 mm to 6 m.
The new flat product processing equipment was installed at the company’s service metal centers in Kyiv and Dnipropetrovsk and can rapidly meet customer needs in all Ukrainian regions.
The scope of use of products generated as a result of coil processing is virtually unlimited. Sheet and strip are used as a raw material for the production of stamped goods; for the production, packaging and transportation of steel goods; for the production of profiles for installing plaster boards; for the reinforcement of profiles for plastic windows and for forging.
”Customer service improvement is only possible by thoroughly learning customer needs and developing new technology. Implementing new services demonstrates our willingness to develop in line with the needs and expectation of our clients,” said Albert Avanesov, General Director of Metinvest-SMC, LLC.
- For editors:
Metinvest-SMCis the largest and most actively developing network of service metal centers in Ukraine. The Company sells over 1,000 metals products from Metinvest Group and other companies in Ukraine and the CIS.Metinvest–SMC’s network consists of 17 service metal centers in Kyiv, Donetsk, Dnipropetrovsk, Kharkiv, Kremenchuk, Kriviy Rih, Vinnitsya, Lviv, Khmelnitsk, Broshniv-Osada, Ternopil, Mariupol, Mykolaiv, Odesa, Sevastopol and Simferopol.
METINVEST GROUP is a vertically integrated steel and mining group of companies, managing every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. The Group comprises steel and mining production facilities located in Ukraine, Europe and the USA and has a sales network covering all key global markets. Metinvest Group is structured into two operating divisions: Metallurgical and Mining Divisions and has a strategic vision to become the leading vertically integrated steel producer in Europe, and to deliver sustainable growth and profitability resilient to business cycles, providing investors with returns at above the industry benchmarks. The Group generated US$6.74billion of revenues and a 16% EBITDA margin for the first half of 2012.
The major shareholders of METINVEST B.V. (a holding company of Metinvest Group) are SCM Group (71.25%) and Smart-Holding (23.75%), partnering in the Company’s management.
METINVEST HOLDING, LLС is the managing company of Metinvest Group.
For additional information please visit www.metinvestholding.com