Business news from Ukraine

Yaroslavsky’s DMZ cuts rolled steel production by 40.5%

Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, cut rolled steel production by 40.5% year-on-year to 33.8 thousand tons in January-June this year.
According to a report in DCH Steel’s corporate newspaper on Thursday, coke production during this period increased by 1.1% to 143.5 thousand tons.
At the same time, in June 2014, DMZ reduced its rolled steel output by 83.2% compared to June 2013 and by 69.2% to 2.4 thousand tons compared to the previous month. Metallurgical coke production in June decreased by 26.9% compared to June 2023 and by 3.6% compared to the previous month to 24.4 thousand tons.
In addition, during the regular rolling campaign, which lasted 13 days in May and June, Rolling Shop No. 2 produced about 10 thousand tons of products, most of which have been sold to date. However, due to a lack of orders, the next rolling campaign was postponed. In turn, rolling shop No. 1 is scheduled to start rolling in the third decade of July.
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 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.

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