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.
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.
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.
