Business news from Ukraine

DMZ intends to build new electric arc furnace complex

12 February , 2024  

Dnipro Metallurgical Plant (DMZ, formerly Dneprokoks), a part of DCH Steel, a DCH group owned by businessman Aleksandr Yaroslavsky, is going to build a new electric arc furnace complex.

According to the company, DMZ is holding an open competitive tender for the right to design a feasibility study for the new construction of an electric arc furnace complex located at 17 Naberezhna Zavodska Street, Dnipro.

The deadline for submitting applications for participation in the competitive selection is February 23, 2024.

The selection rules and the list of documents required for participation in the tender can be obtained from the leading engineer for the procurement of services of the Procurement Bureau for Works and Services of the TSO and the GSE of the Supply Directorate.

Maxim Minyushkin, Corporate Communications Director of DCH Steel Group, confirmed the new construction plans to Interfax-Ukraine.

“We are currently preparing information for the media on this issue,” the source explained.

As reported, Yaroslavsky’s DMZ intends to increase its presence in the domestic market of Ukraine in 2024.

In 2023, the plant increased its rolled metal output by 86.2% compared to 2022, up to 105.6 thousand tons, and coke output by 38.5%, up to 292.7 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.