Kametstal Unveils 13 New Steel Products in 2024
Kametstal, a key player within the Metinvest Group, has made significant strides in the steel industry in 2024, unveiling 13 new steel products. This achievement solidifies Kametstal’s lead within the Metinvest portfolio in terms of product diversification, contributing greatly to the group’s overall goal of introducing 20 new products this year.
The company’s success lies primarily in the long products segment, with 12 out of the 13 newly developed products falling into this category. A significant highlight of Kametstal’s innovation was the enhancement of square continuously cast billets produced at the BOF Shop. By implementing advanced stop-casting technology, the company achieved superior chemical and structural properties for its billets, which are now compliant with European consumer demands. This breakthrough ensures protection against oxidation during the steel jet process, which was previously a limitation. The rolling shop played a pivotal role, introducing 12 new rolled products, including rebar sizes of 9.5 mm and 11.5 mm. These additions are designed to optimize metal usage in concrete construction without compromising strength, thus providing a more cost-efficient solution to the construction industry.
Kametstal also achieved a milestone by earning certifications of compliance with Polish construction standards. This has allowed the company to supply 18,000 tonnes of B500B rebar for the Polish market in 2024, further solidifying its presence in Europe. In addition, Kametstal expanded its range of wire rods, with six new steel grades now available to meet the demands of both local and international markets. These include products tailored for specific industries such as mining and machine building. For example, the introduction of SVP-33 profiles for the mining sector in April and hot-rolled rounds with a diameter of 27 mm for the machine building industry in May has broadened the company’s portfolio and enabled it to meet more specialized market needs.
Aleksandr Oliynyk, Chief Rolling Officer at Kametstal, expressed pride in the rolling shop team’s accomplishments, emphasizing their role in maintaining the company’s reputation as a customer-centric manufacturer. Despite the challenging market conditions in Ukraine and Europe, the team successfully met the 2024 targets and remains committed to innovation. Looking ahead, Kametstal is already preparing for the 2025 New Products Development Program, promising continued expansion and product diversification. Kametstal’s performance in 2024 highlights the company’s strategic focus on adapting to market needs, ensuring it remains at the forefront of the steel production sector and further enhancing its competitive edge in both domestic and international markets.
