The TIS company officially opened a new complex for transshipment of blue reinforcing bars, which can lose their technological qualities if they are exposed to moisture and precipitation, on 9 August. This complex is a joint project by TIS and the ArcelorMittal Kryvyi Rih steel plant, TIS announced.

The new complex includes a warehouse with 7,000 square meters of space. The warehouse is capable of simultaneous storage of more than 40,000 tons of blue reinforcing bars. The annual capacity of the new complex will be 550,000 tons of blue reinforcing bars. The total cost of the project is more than USD 4.5 million.

TIS built the warehouse for ArcelorMittal Kryvyi Rih’s blue reinforcing bars in just five months. "Today, it is the largest warehouse with such a level of technology in Ukraine," TIS said, adding that only Ukrainian steel was used in the construction of the facility.

"For transshipment of such a specific product, automobile roads and rail tracks for unloading gondola cars are built directly inside the new transshipment complex. The warehouse is completely waterproof, and loading takes place inside it. The warehouse is equipped with four powerful overhead cranes. All the cranes were produced in Ukraine - three at the Vira Service Intermash plant in Oleksandria and one at the Krankomplekt plant in Zaporizhia," TIS said.

TIS invested in the construction of the complex and ArcelorMittal Kryvyi Rih undertook to provide the cargo. The companies reached agreement on the joint project in January 2017, and the warehouse was built in June.

ArcelorMittal Kryvyi Rih is one of the world's leading manufacturers of blue reinforcing bars, which it annually exports to the Middle East, Europe, and the Persian Gulf. ArcelorMittal Kryvyi Rih’s logistical capacity for export of blue reinforcing bars will increase by 200% as a result of the joint project with TIS. For TIS, blue reinforcing bars are a new type of cargo. The first 55,000 tons have already been shipped.