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In a bid to enhance environmental sustainability, Yuriy Ryzhenkov, CEO of Metinvest Group, emphasizes the pivotal role of digital technologies in revolutionizing the Ukrainian steel industry. Speaking at the B7 Italy 2024 conference, Ryzhenkov highlighted the transformative potential of IT and artificial intelligence (AI) in steering traditional sectors towards greener practices.
Ryzhenkov underscored the remarkable strides made by the Ukrainian steel sector, leveraging AI and analytics to bolster process efficiency. Notably, Azovstal surpassed competitors in 2021, courtesy of AI applications, while augmented reality expedited maintenance tasks and advanced computer vision systems elevated product quality standards. Despite the challenges posed by geopolitical tensions, internal data management systems ensured operational continuity during tumultuous times.
Acknowledging the global momentum towards environmental initiatives like the Green Deal, Ryzhenkov emphasized the indispensa