Azovstal Iron and Steel Works
Encyclopedia
Metallurgical Combine Azovstal (Ukrainian
Ukrainian language
Ukrainian is a language of the East Slavic subgroup of the Slavic languages. It is the official state language of Ukraine. Written Ukrainian uses a variant of the Cyrillic alphabet....

:Mеталургійний Kомбінат Азовсталь) (PFTS:
PFTS Ukraine Stock Exchange
The PFTS Stock Exchange is the larger of Ukraine's two main stock exchanges .The trading occures on working days between 11:00 and 17:00 Kiev time . The PFTS index is calculated based on the results of the trading. Daily trade volume is about $30–60 million...

 AZST) is one of the biggest steel rolling companies in Ukraine
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...

.

History

It was established in 1930 by the decision of the Presidium of Supreme Soviet of the National Economy
Supreme Soviet of the National Economy
Supreme Soviet of the National Economy, Superior Soviet of the People's Economy, Vesenkha was the superior state institution for management of the economy of the RSFSR and later of the Soviet Union...

 (BCHX) (USSR) in Mariupol
Mariupol
Mariupol , formerly known as Zhdanov , is a port city in southeastern Ukraine. It is located on the coast of the Azov Sea, at the mouth of the Kalmius River. Mariupol is the largest city in Priazovye - a geographical region around Azov Sea, divided by Russia and Ukraine - and is also a popular sea...

, Ukrainian SSR
Ukrainian SSR
The Ukrainian Soviet Socialist Republic or in short, the Ukrainian SSR was a sovereign Soviet Socialist state and one of the fifteen constituent republics of the Soviet Union lasting from its inception in 1922 to the breakup in 1991...

 (Soviet Union
Soviet Union
The Soviet Union , officially the Union of Soviet Socialist Republics , was a constitutionally socialist state that existed in Eurasia between 1922 and 1991....

) and finally entered the production line in 1933 when its blast furnace put out the first iron. In January 1935 steel making production was put into operation at Azovstal, the first in the USSR 250t tilting open-hearth furnace
Open hearth furnace
Open hearth furnaces are one of a number of kinds of furnace where excess carbon and other impurities are burnt out of the pig iron to produce steel. Since steel is difficult to manufacture due to its high melting point, normal fuels and furnaces were insufficient and the open hearth furnace was...

 came into commission.

Production

Azovstal Iron and Steel Works include: coke production, sinter plant, blast furnace
Blast furnace
A blast furnace is a type of metallurgical furnace used for smelting to produce industrial metals, generally iron.In a blast furnace, fuel and ore and flux are continuously supplied through the top of the furnace, while air is blown into the bottom of the chamber, so that the chemical reactions...

 plant, consisting of six blast furnaces, steel-making complex in the converter and open-hearth shop, a mill complex in the plate shop, rail and shops and offices included in a large variety of rail and shops bonds. The plant has a developed transport infrastructure.

Management

Azovstal Iron & Steel Works operated as a subsidiary of Metinvest
Metinvest
Metinvest is an international and vertically integrated mining and steel corporation. It was established on 6th June 2006 by the SCM Group. In 2007 Metinvest Ukraine LLC and Metinvest Service Metal Centres LLC were established to function as subsidiaries engaged in production and supply of...

B.V. and now, it operates as a subsidiary of Metinvest Holding LLC, a subsidiary of Metinvest B.V.

External links

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