Business news from Ukraine

Business news from Ukraine

Kametstal plant shipped another batch of grinding balls to Polish consumers

21 November , 2022  

The Kametstal plant of Metinvest mining and smelting group, based at Dneprovsky Iron and Steel Works (DMK, Kamenskoye, Dnipropetrovsk oblast), has shipped another batch of grinding balls to Polish consumers.
According to the company, the output of metal products for national and international customers is a reliable pillar of Ukraine’s economy.
“In November another batch of grinding balls – five cars – was shipped for Polish enterprises. Kametstal fulfills such orders of European partners systematically”, – is stated in the press release.
It is specified that the balls are niche demand products. They are needed for stable operation of mining and processing plants.
Kametstal operates two ball rolling mills which produce balls of different diameters. This year the production of grinding balls with the diameter of 80 mm was extended due to the special demand.
Before the war these orders were carried out by Azovstal, but now they have been transferred to Kametstal.
This year Polish consumers have already received 48 railcars of the products manufactured at the plant ball rolling mills, which amounts to more than 3 thousand tons of grinding balls of different diameters.
“We supply our products for needs of Metinvest Group mining and processing enterprises and we also fulfill orders of European consumers. This year we shipped more than 3 thousand tons of balls to Polish enterprises. Kametstal rolling workers are working to improve product quality and production efficiency to support the country’s economy in difficult times,” said Sergey Mishurin, deputy chief of the rolling shop at the axle-rolling and ball rolling mills section, who is quoted by the press service.
“Kametstal” was created on the basis of PJSC “Dneprovsky Coke Chemical Plant” (DKHZ) and the CEC of PJSC “Dneprovsky Metallurgical Plant” (DMK).
According to the report of the parent company of Metinvest Group for 2020, Metinvest B.V. (Netherlands) owned 100% of DKHZ.
The main shareholders of Metinvest are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage the company.
Metinvest Holding LLC is the management company of Metinvest group.

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