Business news from Ukraine

Business news from Ukraine

Dneprovsky Iron and Steel Works cut rolled steel production by 64% in January

13 February , 2025  

Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, cut rolled steel production by 64.2% year-on-year to 487 tons in January this year.

According to information in the corporate newspaper DCH Steel on Thursday, coke production in January 2025 decreased by 16.6% to 18.9 thousand tons, while in December 2024, 23 thousand tons were produced.

The company did not produce any steel products in December 2014, while in November it produced 7.1 thousand tons of rolled steel.

“In January-February, Rolling Shop No. 2 will produce 7.1 thousand tons of steel products during the rolling campaign. The campaign is scheduled to be completed by the end of the week. Last month, the plant shipped 948 tons of rolled metal products to consumers, including the volumes of Rolling Shop No. 1, and all the coke produced,” the information states, adding that the rolling campaign started on January 31.

As reported, in 2024, DMZ reduced its rolled steel production by 59.4% compared to 2023, to 42.9 thousand tons, and coke by 1.2%, to 289.1 thousand tons.

In 2023, DMZ increased its rolled steel output by 86.2% compared to 2022, to 105.6 thousand tons, and coke by 38.5%, 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.