. In the first, $800 million phase, Danieli and Metinvest are to build a plant capable of producing 1.2 million tons of steel a year – cold-rolled, galvanized and color-coated. The Italian equipment “will allow Metinvest to achieve world-class product quality at all stages of production – from semi-finished products to coated rolled products,” Yuriy Ryzhenkov, director general of Metinvest, said at the signing ceremony.