10.10.2023
Production of green steel at Zaporizhstal: the decommissioning of the open-hearth furnace shop and construction of new electric arc furnaces
PJSC ZAPORIZHSTAL (JV)*, METINVEST (*a joint venture, METINVEST's stake = 49.997%)
$
Investment amount, USD
Region
Zaporizhzhia
Sector
Heavy Industry
Location
Zaporizhzhia
Opportunity
Assistance in obtaining project financing
Status
Pre-Feasibility Study
Actions
*preliminary calculation, the amount of the actual investment may be changed
Modernisation of the existing steelmaking facilities: replacing the open-hearth furnace steelmaking with the electric-arc furnace process to produce low-carbon steel from scrap and DRI/HBI as part of the decarbonisation of Ukraine’s steel industry (a capacity of 3.5-3.8 mln tonnes/year).
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