22 July 2013 // Press centre Metinvest Group
Yenakiieve Iron & Steel Works’ Makiivka Branch mastered the production of thread bar, the use of which simplifies and accelerates the process of rock-bolting – an advanced method for affixing mine tunnel roofs.
Rock bolt works immediately after installation, improving mine tunnel stability as rock stratification is prevented and the size of inelastic deformation areas is reduced.
Sales have already started of thread bar with a strength class of 500 MPa and diameters of 20 mm and 22 mm. Rock bolts with Metinvest’s thread bar are done at Krasnodon Coal and DTEK’s mines.
Yenakiieve Iron & Steel Works’ Makiivka Branch also rolled a test batch of thread bar with a strength class of 600 MPa and a diameter of 20 mm. This product will allow to reducе the metal used in mine rock bolts by another 17%. Development of the regulatory documents and industrial trials for this product are planned in the nearest future.
“Thread bar is in demand on the domestic market,” said Metinvest Sales Director Dmitriy Nikolaenko. “In the near future, we are planning to make this product available for Russian customers too. We maintain an active dialogue with our buyers and systematically complement our product lines with in demand items. For example, around 30 new products will be launched this year.”
- For editors:
PJSC Yenakiieve Iron and Steel Works, comprised of Yenakiieve Steel and its Makiivka branch, is a world leader in commercial billet production. The company produces cast billet, bar products and various section rolled products (beams, channels, angles, etc.) as well. Yenakiieve Steel is the only producer of shapes for elevator tracks within Ukraine. Yenakiieve Steel production performance for 2011 is as follows: 1,9 mln. tones of hot sinter, 2,3 mln. tones HM, 2,7 mln. tones of liquid steel, 2,6 mln. tones of rolled product. Two up-to-date blast furnaces (BF No.3 and BF No.5) and first continuous casting machines (CCM) manufactured in Ukraine are operating at Yenakiieve Steel. In 2012 BF No.3 was acknowledged as the best industrial facility in Ukraine according to the competition by Ministry of Regional Development, Construction and Housing of Ukraine.
Yenakiieve Steel is a part of Metinvest Group’s Metallurgical Division.
METINVEST GROUP is an international 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 consists of Mining and Metallurgic Divisions. Metinvest’s strategic vision is to become the leading vertically integrated steel producer in Europe, delivering sustainable growth and profitability resilient to business cycles and providing investors with returns at above the industry benchmarks. In the first half of 2012 Group got a profit at the amount of USD 6.74 bln. The profitability acc. to EBIDTA index was 16%.
The major shareholders of the Company METINVEST B.V. (a holding company of Metinvest Group) are SCM Group (71.25% ownership) and Smart-Holding (23.75% ownership) partnering in Company’s management.
METINVEST HOLDING LLC is the managing company of Metinvest Group.
Get more information at www.metinvestholding.com