Business news from Ukraine

Business news from Ukraine

DMZ reduced rolled steel production by 59% in 2024

16 January , 2025  

Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, reduced rolled steel production by 59.4% in 2024 compared to 2023, to 42.9 thousand tons.

According to information in the corporate newspaper DCH Steel on Thursday, the company did not produce steel products in December, while in November it produced 7.1 thousand tons of rolled metal.

“The production campaign at rolling shop No. 2 will begin in the third decade of January and will include the production of channels of various sizes: from 10 to 30,” the statement said.

Coke production in 2024 decreased by 1.2% to 289.1 thousand tons. In December, coke production decreased by 2% compared to November 2024, to 23 thousand tons.

At the same time, DMZ produced 5.2 thousand tons of rolled metal products and 23.9 thousand tons of coke in December 2023.

As reported, in 2023, DMZ increased its output of rolled metal products by 86.2% compared to 2022 – up to 105.6 thousand tons, coke – by 38.5%, up to 292.7 thousand tons.

In 2022, the plant reduced its rolled steel production by 74.2% compared to 2021, to 58.4 thousand tons, and coke production by 56.3%, to 211.3 thousand tons.

DMZ specializes in the production of steel, pig iron, rolled products and products made from them.

On March 1, 2018, DCH Group signed an agreement to buy Dnipro Metallurgical Plant from Evraz.

, ,