In January-August this year, Zaporizhstal Iron and Steel Works increased its rolled steel output by 32.6% year-on-year to 1 million 644.4 thousand tons from 1 million 240.4 thousand tons.
According to the company, steel production during this period increased by 31.6% to 1 million 973.7 thousand tons, and pig iron production by 23% to 2.049 million tons.
In August, Zaporizhstal produced 259.5 thousand tons of iron, 236.8 thousand tons of steel, and shipped 214.2 thousand tons of rolled products, while in July it smelted 261.9 thousand tons of iron, 250.8 thousand tons of steel, and shipped 202 thousand tons of rolled products.
It is recalled that in 2023, the plant operated at an average of 70% of its capacity.
As reported, in 2023, Zaporizhstal increased its rolled products output by 57.2% compared to 2022, up to 2 million 54.7 thousand tons, steel by 65.4%, up to 2 million 466.9 thousand tons, and pig iron by 35.3%, up to 2 million 718.9 thousand tons.
“Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries of the world.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.
