Business news from Ukraine

Dneprovskiy Metallurgical Plant launches another rolling shop

Dniprovskyi Steel (DMZ, formerly Evraz-DMZ), which is part of DCH Steel group of DCH businessman Oleksandr Yaroslavskyi, has transferred heating furnaces of rolling shop #1 to natural gas instead of blast furnace gas due to idle blast furnaces and shortage of coke oven gas.
According to DCH Steel corporate newspaper, two heating furnaces of PC-1 have been switched to natural gas since October 2022, and since January 2023 six furnaces involved in production have already been switched to this energy carrier.
“The energy resource is very expensive, so the focus is on continuous monitoring of natural gas costs per ton of production for each well. Thus, we strive to monitor how different indicators influence specific gas consumption: technical condition of the equipment, duration of air alarms, during which the metal is in the furnace overtime, human factor and others,” explains Director for Quality and Technology Yuriy Kravchenko, who is quoted by the newspaper.
According to him, the situation is analyzed on a daily basis and optimal solutions are developed. In particular, in January the target indicator of natural gas utilization was reached and there is a potential for its reduction.
“It is clear that the transfer of furnaces to natural gas is a forced decision, but this way we ensure the work of PC-1 and its independence from domestic resources, as there is no blast furnace gas, and coke is not enough due to small production volumes at KHP (coke oven division),” states Kravchenko.
And added that blast furnace production is currently idle due to a shortage of raw materials and blocked ports. In this case, the rolling mills are working on give-and-take raw materials, in particular, the first rolling campaign at PC-1 started on January 18, 2023.
DCH specializes in the production of steel, pig iron, rolled steel and products from them. On March 1, 2018, DCH Group signed an agreement to purchase Dneprovsky Metallurgical Plant from Evraz.
Sukhaya Balka mine is one of the leading mining companies in Ukraine. It mines iron ore using the underground method. The mine includes the Yubileynaya and Frunze shafts. Frunze.
DCH Group acquired the mine from Evraz Group in May 2017.

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DMZ restructured its repair units to optimize their work

Dniprovskyi Steel (DMZ, formerly Evraz-DMZ), a subsidiary of DCH Steel of Oleksandr Yaroslavskyi’s DCH group, has restructured the company’s repair units to optimize their work.
According to the corporate newspaper DCH Steel, instead of two shops – shaped steel foundry and repair of metallurgical equipment, and chief mechanic service – a specialized repair shop for metallurgical equipment was set up on December 1 this year. It consists of Metallurgical Equipment Repair Shop, Additional Equipment Repair and Fabrication Shop, Shapes Foundry Shop, Mechanical and Electrical Department and Production Planning Bureau. Alexander Vylyvanyi, the plant’s chief mechanic, has been appointed head of the new division.
It is specified that it was decided to change the structure of the repair departments in order to optimize them.
DMZ specializes in the production of steel, cast iron, rolled steel and products from them. DCH Group on March 1, 2018 signed an agreement to buy from Evraz Dneprovsky Metzavod.
Sukhaya Balka mine is one of the leading mining companies in Ukraine. It mines iron ore using the underground method. The mine includes the Yubileynaya and Frunze shafts. Frunze.
DCH Group acquired the mine from Evraz Group in May 2017.

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Yaroslavskyy’s DMZ received UAH 1.7bn in profit

Dniprovsky Iron and Steel Plant (DMZ, formerly Evraz-DMZ), part of DCH Steel Group of DCH businessman Oleksandr Iaroslavskyi, according to the results in 2021 received a net profit of UAH 1 billion 725.157 million, while finished the year 2020 with a net loss of UAH 394.091 million.
According to the note attached to the agenda of the annual meeting of shareholders, scheduled for December 22, which will be held remotely, the outstanding loss at the end of last year was UAH 826.728 million.
The shareholders intend to summarize the results of the activity in 2021, approve reports and direct the received profit to redeem the losses of the previous years.
The meeting will also consider personnel matters: dismissal of members of the Supervisory Board and Revision Commission and election of new ones.
Besides, the shareholders will elect the company auditor and approve the major transactions.
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 Dneprovsky Metallurgical Plant from Evraz.
According to NDU as of the fourth quarter of 2020, Drampisco Limited (Cyprus) owns 97.7346% of DMZ shares.
The authorized capital of PrJSC is UAH 574.994 mln, the nominal value of one share is UAH 0.25.

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DMZ coke division reduced production of metallurgical coke by 52.4%

The coking division of PJSC “Dneprovsk Metallurgical Plant” (former “Dneprokoks”), which is part of DCH Steel of the DCH group of businessman Alexander Yaroslavsky, in January-July of this year reduced the production of metallurgical coke by 52.4% compared to the same period last year – to 135 .2 thousand tons.
As a representative of the company told the Interfax-Ukraine agency, in July the enterprise produced 18.3 thousand tons of metallurgical coke.
At the same time, for 7 months-2022, the output of gross coke with 6% moisture content amounted to 166.2 thousand tons, including 22.7 thousand tons in July.
The plant produced 283.9 thousand tons of coke in January-July 2021, including 41.7 thousand tons in July-2021.
For 7 months-2022, 175 thousand tons of domestic coal were supplied to the enterprise, 37 thousand tons from Russia (before the war), 3 thousand tons from Poland and 24 thousand tons from the Czech Republic.
DMZ specializes in the production of steel, cast iron, rolled products and products from them. On March 1, 2018, the DCH Group signed an agreement on the purchase of the Dneprovsky steel plant from Evraz.

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DMZ INVESTS UAH 170 MLN IN OVERHAUL OF COKE OVEN BATTERY

PrJSC Dniprovsky Metallurgical Plant (DMZ, formerly Evraz-DMZ), a member of DCH Steel of the DCH group of businessman Oleksandr Yaroslavsky, has completed the first stage of overhaul of coke oven battery No. 4, which will reduce emissions of air pollutants.
According to the company’s press release on Thursday, the total investment is about UAH 170 million.
As part of the investment project, 20 coking chambers were repaired at the DMZ coke-chemical site. Repaired furnaces do not lose coke oven gas – all of it goes for treatment. Due to the sealing of the refractory masonry, the elimination of leaks into the heating system from the coking chambers and more complete combustion of gas in verticals, emissions of pollutants will decrease.
The press service also said that the excess of coke oven gas, which may be formed during the commissioning period, will be sent to the afterburner, the work of which is fully consistent with the technological process. The repair of the rest of the coking chambers will continue at the operating battery, and it is planned to complete it by the end of the year.
“DMZ is systematically engaged in the modernization of fixed assets at the coke-chemical site. In addition to the overhaul of coke oven battery No. 4, this year, ceramic surfacing is being carried out at coke oven battery No. 1 and coke oven battery No. 2 with sealing of heating walls. In general, this will increase the efficiency of the furnaces and significantly reduce the burden on the environment,” Director General of the DMZ Vitaliy Bash said.
At the same time, it is recalled that since 2016, DMZ has invested UAH 475 million in environmental programs. During this time, the company has reduced air emissions by almost 25%. Now the enterprise has an investment program in the amount of $400 million, aimed at modernizing production facilities and reducing the burden on the environment.
DMZ specializes in the production of steel, cast iron, rolled products and products from them.

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DMZ INCREASES PRODUCTION OF ROLLED PRODUCTS BY 12 TIMES IN H1

PrJSC Dniprovsky Metallurgical Plant (DMZ, formerly Evraz-DMZ), part of DCH Steel from DCH Group of businessman Oleksandr Yaroslavsky, in January-June this year increased the output of finished rolled products 12 times compared to the same period last year – up to 117,500 tonnes from 10,000 tonnes. According to the company, in January-June of this year, DMZ also increased the production of pig iron to 151,400 tonnes from 18,000 tonnes (an increase of 8.4 times) and steel up to 144,000 tonnes from 13,000 tonnes (11 times more). Coke production increased by 5.3% compared to the same period last year, to 242,200 tonnes.
DMZ in June 2021 increased the production of pig iron in comparison with the same period last year by 38%, to 24,700 tonnes, steel – by 102.2%, to 27,100 tonnes, rolled products – by 100.9%, up to 21,500 tonnes. Coke production remained at the level of 40,000 tonnes.
The metallurgical workshops of the DMZ resumed work after a downtime in May-June 2020, before that, for seven months, the plant produced only coke-chemical processing products.
The plant specializes in production of steel, cast iron, rolled products and products from them. In 2020, the plant reduced steel output by 66% compared to 2019 – to 175,000 tonnes, pig iron – by 67.3%, to 160,000 tonnes, rolled products by 68.4%, to 140,000 tonnes.
On March 1, 2018, DCH Group signed a purchase agreement of Evraz DMZ.

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