Business news from Ukraine

Business news from Ukraine

“Kametstal” produced 2957 railroad car axles by order of domestic plants

5 April , 2024  

Metinvest Group’s Kametstal plant, which was set up at the facilities of Dnipro Metallurgical Plant (DMK, Kamianske, Dnipro Oblast), produced the first 2,957 railcar axles in March 2024 to meet the orders of Ukrainian railcar manufacturers.

According to a press release, Kametstal’s axle rolling mill continues to operate under martial law and fulfill operational tasks to produce axles for domestic customers. Last year, more than 3,500 tons of railcar axles were produced and shipped.

Long-term plans to increase production volumes using this unique equipment were disrupted in 2022 due to the full-scale Russian invasion. Now the plant’s specialists are using alternative sources of steel billets for axle production, which used to come from Azovstal.

At the end of March, the rollers completed the first stage of the program to produce axles for customers. They produced more than 1,600 tons of these products for the construction of domestic railcars and gondola cars for Ukrainian railways. These cost-effective products are important for the efficient operation of the enterprise and are also necessary for the renewal of the Ukrainian railway fleet.

“Kametstal’s axle rolling mill is the only mill in the world that produces axles using the cross-helical rolling method. In pre-war times, Kametstal’s axles were supplied to customers from Ukraine, Europe and North America,” the press release states.

“KAMETSTAL was established on the basis of Dnipro Coke and Chemical Plant (DKKhZ) and Centralized Steel Mill of Dnipro Metallurgical Plant (DMK).

According to the 2020 report of Metinvest Group’s parent company, Metinvest B.V. (Netherlands) owned 100% of the shares in DCCP.