# Metinvest invests over US$1B in new cold-rolled steel facility at Ilyich Steel

Metinvest is building a new cold-rolled, galvanised and colour-coated coil production facility at Ilyich Steel in Mariupol, with total investments exceeding US$1 billion. A contract with Danieli Group was signed on June 10, 2021.

- Type: Investment
- Announced: 2021-06-10
- Where: Mariupol, Ukraine
- Value: $1.00B
- Starts operating: 2025
- Status: announced
- Capacity: 1.2 million tonnes per year (phase 1), over 1.6 million tonnes per year (phase 2)
- Products: cold-rolled steel coils, galvanised steel coils, polymer-coated steel coils
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Metinvest](https://endata.com/companies/26271.md)
- [Danieli](https://endata.com/companies/15743.md) (partner)

## Sources

- [metinvestholding.com](https://metinvestholding.com/en/media/news/metinvest-investiruet-bolee-1-mlrd-dollarov-v-novoe-proizvodstvo-holodnokatanogo-prokata), 2021-06-10: "Metinvest is launching a major construction project for a new cold-rolled, galvanised and colour-coated coil production facility at Ilyich Steel in Mariupol."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
