Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, reduced rolled steel production by 61.2% year-on-year to 35.8 thousand tons in January-October this year.
According to a report in DCH Steel’s corporate newspaper on Thursday, the company did not produce rolled steel in October, selling products made in previous periods. At the same time, the company shipped 2.1 thousand tons of rolled steel last month, while in October 2023 it produced 9.2 thousand tons.
“In October, rolling shop No. 1 drilled holes in rails before shipping them to customers. Rolling Shop No. 2 was preparing for a new rolling campaign, which is scheduled to start on November 11,” the company said in a statement.
Coke production for 10 months of 2024 decreased by 1.2% to 242.6 thousand tons. In October, coke production increased by 1.9% month-on-month to 24.5 thousand tons. In October 2023, 26.5 thousand tons of metallurgical coke were produced.
As reported, in 2023, DMZ 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.
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.
Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, reduced rolled steel production by 56.9% year-on-year to 35.8 thousand tons in January-September this year.
According to information in the corporate newspaper DCH Steel on Thursday, in September, the company produced 1.98 thousand tons of rolled steel, in August, the plant did not produce rolled metal, but rolling shop No. 2 shipped to consumers 2.3 thousand tons of steel products produced earlier. In September 2023, the company produced 8.6 thousand tons of rolled metal products.
“In September, rolling shop No. 1 was put into operation, where the company produced mainly R-34 ore rails and R-43 rails. The company is currently in the process of launching the rolling mill at Rolling Shop No. 2, which is scheduled to start in November,” the company said.
At the same time, coke production in the first nine months of 2024 decreased by 0.4% to 218.1 thousand tons. In September, coke production decreased by 1.2% compared to the previous month to 24.1 thousand tons. In August 2023, the plant produced 20.9 thousand tons of metallurgical coke.
As reported, in 2023, DMZ 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.
Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, cut rolled steel production by 54.6% year-on-year to 33.8 thousand tons in January-August this year.
According to information in DCH Steel’s corporate newspaper on Thursday, the company did not produce rolled metal products in August, but rolling shop No. 2 shipped 2.3 thousand tons of steel products to consumers. In August 2023, the company produced 4.4 thousand tons of rolled metal products.
“The August rolling campaign has been postponed to September due to a change in the delivery time of billets. The rollers are planning to start working on September 13, and it all depends on the pace of billets supply by the customer,” the company said in a statement.
At the same time, coke production in the first eight months of 2024 decreased by 2% to 194 thousand tons. In August, coke production decreased by 6.7% compared to the previous month to 24.4 thousand tons. In August 2023, 25.8 thousand tons of coke were produced.
As reported, in 2023, DMZ 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.
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.
Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, cut rolled steel production by 51.8% year-on-year to 33.8 thousand tons in January-July this year.
According to information in the corporate newspaper DCH Steel on Thursday, in July, the company did not produce rolled metal, but rolling shops shipped to customers more than 1.5 thousand tons of rolled products produced in previous periods. In July 2023, the company produced 13.3 thousand tons of rolled metal products.
At the same time, coke production in the first seven months of 2024 decreased by 1.6% to 169.6 thousand tons. In July 2024, coke production increased by 7.2% month-on-month to 26.1 thousand tons. In July 2023, the company produced 30.4 thousand tons of coke.
“Rolling shop No. 1 is currently being prepared for launch, where R-34 and R-43 rails will be produced during the production campaign,” the company said in a statement.
As reported, in 2023, DMZ 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.
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.
Dnipro Metallurgical Plant (DMZ, formerly Evraz-DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, posted a net profit of UAH 504.591 million in 2023, up from UAH 4.225 million in 2022.
According to the announcement of the general meeting of shareholders scheduled for August 29, 2024, in remote mode, it is planned to allocate UAH 454.601 million of the 2023 profit to repay losses of previous years.
The shareholders intend to leave the rest of the net profit undistributed.
The shareholders will consider 13 items on the agenda, including the report of the Supervisory Board, the report of the Executive Body, the report and conclusions of the Audit Committee, the auditors’ report for the year, approval of the results of financial and economic activities for the year and distribution of profits.
In addition, the shareholders will terminate the powers of the members of the Supervisory Board and the Audit Commission, amend the charter and the Regulations on the Supervisory Board, cancel the Regulations on the Audit Commission and other bodies, and elect new members of the SB.
As reported, in 2022, DMZ earned a net profit of UAH 4.225 million, while in 2021 it amounted to UAH 1 billion 725.157 million. In 2023, DMZ increased its rolled metal output by 86.2% compared to 2022, to 105.6 thousand tons, and coke output by 38.5%, to 292.7 thousand tons.
In 2021, DMZ earned a net profit of UAH 1 billion 725.157 million, while it ended 2020 with a net loss of UAH 394.091 million. 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.
As of the first quarter of 2024, Drampisco Limited (Cyprus) owns 97.7346% of DMZ shares.
The authorized capital of the company is UAH 574.994 million, with a share price of UAH 0.25.
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.
