Business news from Ukraine

Business news from Ukraine

Yaroslavskyy’s DMZ produced 35,100 tonnes of rolled products

11 May , 2023  

PJSC “Dniprovsky Iron & Steel” (DMZ, formerly – “Dneprokoks”), part of DCH Steel group of businessman Alexander Yaroslavskyy, in January-April produced 35.1 thousand tons of rolled steel, while in January-March the plant has not produced this product, and in April released 11.7 thousand tons of rolled steel.
According to DCH Steel corporate newspaper, in April this year the plant produced 5.7 thousand tons of rolled products, which is less than the same period last year by 51.2%.
At the same time, the company increased coke output by 6.5% during this period, to 74.4 thousand tons.
At the same time in April it produced 5.7 thousand tons of rolled products and 28.6 thousand tons of coke.
“The decline in production is due to the shutdown of rolling mills,” the company’s information states.
And it is added that on May 8 rolling shop No. 1 was put into operation, while rolling shop No. 2 is preparing for the next working campaign. The company’s KHZ intends to increase its output.
In 2022, DMZ reduced its output of rolled products by 74.2% YoY to 58.4 thnd mt – of coke by 56.3% to 211.3 thnd mt.
DMZ specializes in the production of steel, pig iron, rolled steel and rolled products. On March 1, 2018, DCH Group signed an agreement to purchase Dneprovskyy Metallurgical Plant from Evraz.

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