Business news from Ukraine

Business news from Ukraine

“Kametstal” resumes supplies of granulated slag to foreign consumers

Metinvest’s Kametstal plant, established on the facilities of Dniprovsky Iron and Steel Works (DMK, Kamenskoye, Dnipropetrovsk Region), resumed supplies of granulated slag to foreign consumers.
According to the company, Kametstal shipped 19,000 tons of blast-furnace granulated slag to international consumers in October.
It is also noted that the metallurgical products are an economic mainstay of Ukraine. However, even recycled products can bring additional profit to the company. At the moment more than 285 cars of blast furnace slag have already reached their destination in Poland.
Earlier granulated slag was also sent abroad, but supplies had to be suspended because of military operations. The situation with logistics improved in the fall and now the company intends to establish a stable process of its sales to European countries.
The press service explains that granulated slag is produced by rapid cooling of the fiery blast-furnace slag in a water-filled granulated basin. Then the secondary product is taken to a warehouse. From there, special machines are used to move it to the elevated platform and load it into gondola cars for further transportation.
Granulated slag is used, in particular, as aggregate for cement and asphalt concrete, clinkerless viscous concrete, slag-alkali concrete, mineral wool in hydro, agricultural, road construction, in construction of industrial, public and residential buildings, etc.
“Kametstal was created on the basis of PJSC “Dneprovskiy Coke Chemical Plant” (DCCP) and CEC of PJSC “Dneprovskiy 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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