Business news from Ukraine

Dniprovsky Metallurgical Plant cuts rolled products output by 68% in 2020

12 January , 2021  

PrJSC Dniprovsky Metallurgical Plant (DMZ, formerly Evraz-DMZ), part of DCH Steel from DCH Group of businessman Oleksandr Yaroslavsky, reduced the output of finished rolled products by 68.4% in 2020 compared to the previous year, to about 140,000 tonnes due to downtime as a consequence of repairs from the end of October 2019 to May 2020.

As the company told Interfax-Ukraine, in December the plant produced 20,000 tonnes of rolled metal, while in August-November it produced 22,000 tonnes per month.

Steel production in 2020 was reduced by 66%, to 175,000 tonnes (in December 28,000 tonnes), and cast iron by 67.3%, to 160,000 tonnes (25,000 tonnes).

The plant specializes in production of steel, cast iron, rolled products and products from them. Since 2016, investments in environmental programs amounted to UAH 350 million.