According to the statement of the representative of "Ukrmed" (Ukrainian Association of ferrous metallurgy enterprises) Andrey Moiseenko, speaking at the Congress companies in Rome, organized by the Bureau of International Recycling (BIR), Ukraine will need an extra 4 million tonnes of steel scrap per year, which is not yet available due to ongoing investment projects.
According to Mr. Moiseenko, MZ "dneprostal" (Interpipe) has completed the expansion and will eventually consume 100 tons of scrap per month in the output of crude steel and 1.2 million tons per year, while the extension of PrJSC "Donetsksteel" (1.5 million tons per year) will be completed by the end of next year, and the project "Vorskla Steel" (1.7 million tonnes per year) in Komsomolsk, Poltava region will be completed in 2014-2015, he Also mentioned plans Euro Finance Group to build a furnace in the White Church with a capacity of 850 thousand tonnes per year, although the project was delayed due to the financial crisis.
MetalTorg.Ru