On December 26, the Ukrainian steelmaker Alchevsk Iron and Steel Works (Alchevsk) - an affiliate of Industrial Union of Donbass (IUD) - inaugurated its modernized
plate mill-3000.
The upgrading of Alchevsk's
plate mill-2800 to the
plate mill-3000 cost the plant about UAH 700 million ($140 million).
The installation of the modernized
plate mill-3000 is a part of Alchevsk's 2004-2010 reconstruction program.
The conversion of the mill-2800 into a mill-3000 allows Alchevsk both to increase its
plate production capacity by 20 percent to 1.2 million metric tons a year and also to enter the new market for strip used in large diameter pipes
production.