12 February 2015
Azovstal’s Rail and Structurals Mill launched the production of КР70 crane rail. This type of rail is in demand in the CIS for tracks for high capacity lifting cranes.
The major advantage of KP70 rails is its wider surfaces (head and foot) compared to the ordinary rails, which can withstand larger loads.
The largest consumers of crane rails are sea ports, industrial enterprises, construction companies, etc. Metinvest Group’s enterprises also use KР70 rails.
KР70 rails are compliant with the DSTU 2484 and GOST 4121 standards. These standards cover five types of crane rails: KР70, KP80, KP100, KP120, and KР140. KР70 is the first crane profile to be added to Metinvest’s product assortment; other types are planned to be mastered in the future.
Metinvest plans to sell a bulk of this product to CIS-based customers. A trial lot will be shipped to customers in Ukraine and Russia in February 2015.
Dmitry Nikolaenko, sales director of Metinvest Group:
“We are consistently expanding our range of products by rolling high value-added steel products. We are striving to offer materials that are in demand in the market and meet the highest industry standards. The launch of the production of crane rails will allow us to expand our partnerships with industrial enterprises both in Ukraine and the CIS.”
Download the technical datasheet
- For editors:
PJSC "AZOVSTAL IRON & STEEL WORKS" is a modern high-technology enterprise manufacturing wide range of steel products: slabs, bars, shapes, railway rails, rail fasteners, square billets, plates and products of metallurgical slag. Production capacities of the enterprise allow to produce annually over 5.5 million tons of iron, over 6.2 million tons of steel (aim is to achieve 7 million tons of steel per year) and over 4.4 million tons of rolled products. Design capacities for rail fasteners production is 285 thousand tons per year, grinding balls 170 thousand tons per year.
METINVEST is an international vertical-integrated mining-and-metallurgical Group of companies, which runs assets in every link of production chain for creation of value from iron-ore and coal mining tol semi-finished and finished metal products manufacture. The structure of the Group comprises mining and metallurgical enterprises in Ukraine, Europe and USA, and sales network covering the key world markets. METINVEST GROUP consists of Metallurgical and Mining Divisions. According to the strategical vision of the Group its aim is to become lead European vertical-integrated steel producer with stable ratio of growth and cost effectiveness in spite of market cyclicity, and to ensure investment return higher than industrial standards. For the first quarter of 2014 ended 31 March 2014, the Group reported revenues of US$2.9 billion and an EBITDA margin of 30%.
The main shareholders of METINVEST B.V. company (Holding company of METINVEST GROUP) are SСM GROUP (71,25%) and SMART GROUP (23,75%), which control Group at partnership relations.
METINVEST HOLDING LLC is the managing company of METINVEST GROUP.