Azovstal To Build New Sinter Plant With Annual Capacity Of 12 Mn Mt In 2006-08
16 March 2008
The project is expected to cost about USD 520 mn. The company plans to attract a loan in order to finance the project. Currently, AZST operate sinter plant with an annual capacity of 2 mn mt. Concorde Capital: After commissioning the new plant, AZST’s market share in Ukrainian sinter production will grow from 4.2% to 30%. Excessive capacities will enable the company to sell part of its sinter output to other steel mills. Most Ukrainian steel mills use sinter as one of the major inputs for pig iron production.
