Azovstal Steel plant: Mariupol, Ukraine – Property Assessment Report

Property

Skytek
June 8, 2022
12:00 pm

Summary:

The Azovstal Steel Plant is a full-cycle steel enterprise, part of the Dutch holding company Metinvest B.V group. The plant produces flat, high-grade and shaped steel products, and has coke (coal) production facilities. The plant was established in 1933 and in 2021 had nearly 11k employees.

The Azostal steel plant production covered more than 30% of the slab market in the European Union, and in 2021 produced a fifth of the total steel production in Ukraine, amounting to nearly 4,5 million tons of steel.

Timeline Images

Figure 1 - represents a satellite image of the site of the plant dated October 2021. Sytek observes that the steam exhaust on the funnels and water cooling discharges near the furnaces are still in use, indicating the plant is fully functional and in full activity, on October 10th, 2021.

Figure 2 - On March 31st, 2022, the Russian troops started bombing heavily the Azovstal plant. Skytek has tasked and acquired very-high resolution satellite imagery to analyse and identify in detail the damage sustained by the infrastructure and generally speaking the surrounding areas. A view of the area with annotated damages as of March 31st, 2022.

Figure 3 - The siege of the Azovstal steel plant ended on May 17th, 2022. Skytek tasked and acquired a satellite image of this area on June 4th, 2022. Skytek’s analysis of the remainings of the steel plant from this image, is provided within the annotations. The two bridges providing access to the plant appear completely destroyed, and nearly everything on the 11 square km area that the plant occupies, appears to be hit by a bomb and shattered to the ground.

Detail:

Skytek carried out an analysis of the site of the plant, using very high-resolution imagery dated prior to the Russian attacks. Figure 1 represents a satellite image of the site of the plant dated October 2021. Sytek observes that the steam exhaust on the funnels and water cooling discharges near the furnaces are still in use, indicating the plant is fully functional and in full activity, on October 10^th, 2021.

On February 24^th, 2022, Russian military forces started a so-called “special military operation” to invade Ukraine. During the military attacks, the city of Mariupol sustained severe bombardment, and in particular, the Azovstal Steel Plant has become a symbol of Ukrainian resistance, sheltering the city’s population from the invasion.

On March 31^st, 2022, the Russian troops started bombing heavily the Azovstal plant. Skytek has tasked and acquired very high-resolution satellite imagery to analyse and identify in detail the damage sustained by the infrastructure and generally speaking the surrounding areas. A view of the area with annotated damages as of March 31^st, 2022, can be seen in Figure 2.

The siege of the Azovstal steel plant ended on May 17^th, 2022. Skytek tasked and acquired a satellite image of this area on June 4^th, 2022, as represented in Figure 3 below.

Skytek’s analysis of the remainings of the steel plant from this image is provided within the annotations. The two bridges providing access to the plant appear completely destroyed, and nearly everything on the 11 square km area that the plant occupies, appears to be hit by a bomb and shattered to the ground.