Dnipro Metallurgical Plant (DMZ, formerly Dneprokoks), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, cut rolled steel production by 61% year-on-year in January-March this year, down to 11.5 thousand tons from 29.4 thousand tons.
According to a report in DCH Steel’s corporate newspaper on Thursday, coke output for the period increased by 52.4% to 69.8 thousand tons from 45.8 thousand tons.
At the same time, in March of this year, DMZ reduced rolled steel output by 41.3% year-on-year to 6.2 thousand tons. However, metallurgical coke production increased by 52.3% to 24.4 thousand tons.
“In March, rolled steel production increased by 17.9% compared to February and metallurgical coke production by 7.8%,” the publication states.
DMZ employees made a unique mine skip for the group’s Sukha Balka mine. It is specified that this lifting mechanism is unique because there are no other such mine skips in the world with a volume of 25 cubic meters and a lifting capacity of 53 tons from a depth of 1500 meters, usually miners use smaller units of 20 cubic meters.
The skip was transported to the mine, where it was covered with an anti-corrosion coating, galvanized and painted, and a lining made in Sweden was installed. Currently, the skip is being installed at Yubileynaya mine.
“The project to manufacture a mine roof was implemented as part of DMZ’s vertical integration with Sukha Balka mine. The work was done perfectly, so we decided to entrust DMZ specialists with the production of the next important unit – a three-storey mine cage,” said Vitaly Bash, CEO of DCH Steel.
As reported, in 2023, the plant increased its rolled metal output by 86.2% compared to 2022, up to 105.6 thousand tons, and coke by 38.5%, up to 292.7 thousand tons.
In 2022, the plant reduced 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.
PJSC Ukrnafta made a net profit of UAH 23.6 billion in 2023, the company’s CEO Sergiy Koretsky said on Facebook.
According to him, the independent audit of the financial statements was completed by Grant Thornton Ukraine on April 3.
“Dividends for last year are twice the cumulative result of the last 10 years. I never tire of thanking each and every person who works in the company, and I will emphasize once again that public administration can and should be effective,” Koretsky said.
As reported earlier, Ukrnafta’s financial plan for 2024 approved by the Cabinet of Ministers envisages net revenue of UAH 118 billion and net profit of UAH 18 billion.
In 2024, the company plans to start drilling 30 new wells, purchase equipment to stimulate production, and invest in upgrading its network.
“Ukrnafta is the largest oil producer in Ukraine and operates a national network of 537 filling stations, of which 456 are in operation. The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. On November 5, 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense.
The Consulate General of Ukraine in Toronto has sent generators to Kharkiv region, and work is underway to send a new batch, Interfax Ukraine reports, citing Ukraine’s Consul General in Toronto, Oleg Nikolenko.
“Russian missile strikes have caused serious damage to the energy infrastructure in many Ukrainian cities. The situation is critical in Kharkiv region. The government and local services are working 24/7 to resolve it. Today we sent generators from Toronto. They will help people to have access to electricity and heat until the general systems are stabilized. We are also working on a new batch,” he wrote on Facebook on Wednesday evening.
“We will pull all possible help from Canada to support our citizens. This is one of the absolute priorities of our work,” Nikolenko emphasized.
He also thanked the management of Meest Canada, a postal and logistics operator, for being a partner in this humanitarian mission.
Registrations of new commercial vehicles (trucks and special vehicles) in March 2024 increased by 31% compared to the same month in 2023 – up to 1056 units, which is also 3% (or 31 vehicles) more than in February this year, Ukravtoprom reports on its Telegram channel.
According to the report, the TOP-5 brands of the new commercial vehicle market last month included: Renault – 370 units; MAN – 84 units; Citroen – 67 units; Peugeot – 64 units; and Volkswagen – 58 units.
As reported with reference to Ukravtoprom data, in March 2023, 805 trucks and special vehicles were sold in Ukraine, compared to 108 in the same month in 2022. The top five were Renault (160 units), Mercedes-Benz (93 units), Citroen and Volvo (68 units each), and Scania (60 units).
According to the association, in the first quarter of 2024, almost 2.9 thousand new vehicles were added to the Ukrainian fleet of trucks and special vehicles, which is 28% more than in the same period in 2023.
At the same time, according to AUTO-Consulting, in the segment of trucks with a gross vehicle weight of more than 3.5 tons, sales in March 2024 decreased by 32%, or 144 units, compared to March 2023 – to 305 units. Scania was the leader with sales of 56 trucks, while MAN’s sales amounted to 33 units.
In 2023, according to Ukravtoprom, registrations of new commercial vehicles in Ukraine increased by 65% compared to 2022, to 11.3 thousand units. At the same time, the segment of trucks over 3.5 tons, according to AUTO-Consulting, increased by 56.5%, to 4,853 units.
Geographic structure of Ukraine’s foreign trade in 2023
Source: Open4Business.com.ua and experts.news
Industrial production in Ukraine grew by 5.9% in 2023, while in 2022, according to updated data, the decline was 36.7%, the State Statistics Service (Ukrstat) reported.
According to the State Statistics Service, industrial production in Ukraine increased by 22.6% in December 2023 compared to December 2022, with growth of 19.3% in November and 16% in October.
The State Statistics Service reminds that last year, starting in March, industrial production grew: after a 51.2% jump in March, the recovery slowed to 18.2% in April, 17.9% in May, 13.7% in June, 13.8% in July, 15.5% in August, and 11.7% in September.
The statistics agency clarifies that the data exclude the temporarily occupied territories of the Russian Federation and some of the territories where military operations are ongoing.
Overall, production in the manufacturing industry increased by 12.3% last year.
The production of computers, electronic and optical products grew by 58.8%, rubber and plastic products by 20.7%, machine building by 16.7%, furniture by 16.6%, chemical industry by 15.5%, food industry by 15%, metallurgy by 8%, and woodworking by 3.5%.
The largest decline in the manufacturing industry was shown by the production of coke and refined products – 31.4%.
The statistics agency recorded a 2.3% decline in the supply of electricity, gas and steam in 2023, and a 2.2% decline in the mining industry.
Metal ore production fell the most – by 10.2%, coal – by 3.3%, while oil and gas production remained at the level of 2022.
In nominal terms, in 2023, Ukraine sold industrial products (goods and services) worth UAH 3271.43 billion, which is 16.4% more than in 2022 (UAH 2811.57 billion), including UAH 547.02 billion worth of exports.
The turnover of the extractive and processing industry in December 2023 increased by 26.3% compared to December 2022.
In the total sales of industrial products in 2023, the manufacturing industry accounted for the largest share (56%), electricity, gas, steam and air conditioning (31.2%), mining and quarrying (11.7%), and water supply, sewerage and waste (1.1%).
