Metinvest plans to build a $1 billion modern cold rolling mill at its Ilyich Metallurgical Plant in Mariupol,

Wednesday, June 9, 2021

Yuriy Ryzhenkov, the company CEO announced to Ukraine 24 TV yesterday. He said: “Literally next week we will sign a contract for the construction of a new cold rolling mill. This is already a billion dollar project at the Ilyich plant.”

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The new mill would be a vote of confidence in Mariupol, a city located 30 km west of the front lines and a step toward Metinvest’s target: ‘carbon neutral’ by 2050.

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