Enakievo Steel (ENMZ: BUY) plans to construct a 250 rolling mill with an annual capacity of 750 ths mt by 2012, Oleh Olshanskiy, general director of Metinvest Ukraine, Enakievo Steel’s parent, said at a metallurgical conference yesterday. The cost of the project is EUR 100-250 mln. According to Olshankiy, Enakievo Steel also plans to decommission its 280 and 350 rolling mills, without specifying the time frame.