Dnipro Metallurgical Plant (DMZ, formerly Dniprokoks), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, paid over UAH 657 million in taxes in 2023, up 64% compared to 2022.
According to the company, value added tax accounted for UAH 277.5 million in the structure of payments to budgets of all levels. Income tax amounted to UAH 122 million, and unified social tax, rent and other contributions amounted to UAH 257 million.
It is noted that this result of significant support for the state budget was noted by Danylo Hetmantsev, Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy. He sent a letter of gratitude to the company, in which he noted the hard work of the plant’s team and emphasized that DMZ is one of the industry leaders in terms of tax payments.
“I am grateful to every employee of Dneprovsky Iron and Steel Works for their contribution to the defense capability of our country, its endurance and strength. We continue to work on the economic front to maintain the financial stability of the state,” said Vitaly Bash, CEO of DCH Steel.
In 2023, the plant increased its rolled steel 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.
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.
Dnipro Metallurgical Plant (DMZ, formerly Dniprokoks), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, increased rolled metal output by 86.2% in 2023 compared to 2022, to 105.6 thousand tons, and coke output by 38.5%, to 292.7 thousand tons.
According to information in the corporate newspaper DCH Steel on Thursday, in December last year, the plant produced 5.2 thousand tons of rolled steel, reducing production by 35% compared to the previous month. Coke production decreased by 6% to 23.9 thousand tons in November 2023.
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 4.225 million in 2022, compared to UAH 1 billion 725.157 million in 2021.
According to the minutes of the annual general meeting of shareholders held on December 22, 2023, which was held remotely, the shareholders decided to use the profit made in 2022 to repay the losses of previous years and not to make any contributions to the reserve capital.
The outstanding loss at the end of 2022 amounted to UAH 454.601 million.
The shareholders planned to consider personnel issues regarding the termination of powers of the members of the Supervisory Board and the Audit Committee, election of a new Supervisory Board, but the meeting did not vote for the resignation of the members of the Supervisory Board and the Audit Committee – 100% of shareholders were against it. Therefore, no votes were counted on the issues of amendments to the company’s charter and internal documents (taking into account the liquidation of the revision commission as a controlling body).
As reported, in 2021, DMZ received a net profit of UAH 1 billion 725.157 million, while it ended 2020 with a net loss of UAH 394.091 million.
DMZ specializes in the production of steel, cast iron, rolled products and products made from them.
On March 1, 2018, DCH Group signed an agreement to buy Dnipro Metallurgical Plant from Evraz.
According to the third quarter of 2023, Drampisco Limited (Cyprus) owns 97.7346% of DMZ shares.
The authorized capital of the company is UAH 574.994 million, with a par value of UAH 0.25 per share.
Dnipro Metallurgical Plant (DMZ, formerly Dniprokoks), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, produced 8.5 thousand tons of rolled steel in September this year, increasing production by 91.6% y-o-y and 97.4% y-o-y in September 2022.
According to information in the corporate newspaper DCH Steel on Thursday, coke production last month decreased by 19% compared to August 2023, but increased by 61.3% compared to September 2022, to 20.9 thousand tons.
It is specified that in September, rolling shop No. 1 produced SVP-33 mine support and R-34 mine rails, and rolling shop No. 2 produced mine support and structural shapes.
The coke and chemicals business increased output of blast furnace coke for steel mills, and produced coal coke and chemical products.
In total, in the first nine months of 2023, DMZ produced 82.6 thousand tons of rolled metal products (+82.4% compared to the same period in 2022) and 219 thousand tons of coke (+36.2%).
As a reminder, DMZ resumed rolled steel production after a three-month shutdown in April 2022. Last year, the plant reduced its rolled steel production by 74.2% to 58.4 thousand tons compared to 2021, 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 “Dniprovsky Iron & Steel” (DMZ, formerly – “Dneprokoks”), part of DCH Steel group of businessman Alexander Yaroslavskyy, in January-April produced 35.1 thousand tons of rolled steel, while in January-March the plant has not produced this product, and in April released 11.7 thousand tons of rolled steel.
According to DCH Steel corporate newspaper, in April this year the plant produced 5.7 thousand tons of rolled products, which is less than the same period last year by 51.2%.
At the same time, the company increased coke output by 6.5% during this period, to 74.4 thousand tons.
At the same time in April it produced 5.7 thousand tons of rolled products and 28.6 thousand tons of coke.
“The decline in production is due to the shutdown of rolling mills,” the company’s information states.
And it is added that on May 8 rolling shop No. 1 was put into operation, while rolling shop No. 2 is preparing for the next working campaign. The company’s KHZ intends to increase its output.
In 2022, DMZ reduced its output of rolled products by 74.2% YoY to 58.4 thnd mt – of coke by 56.3% to 211.3 thnd mt.
DMZ specializes in the production of steel, pig iron, rolled steel and rolled products. On March 1, 2018, DCH Group signed an agreement to purchase Dneprovskyy Metallurgical Plant from Evraz.
