Business news from Ukraine

DMK INCREASES ROLLED PRODUCTS OUTPUT IN JAN-FEB

Dniprovsky Iron and Steel Works (DMK, Kamianske, Dnipropetrovsk region), part of the Industrial Union of Donbas (ISD) corporation, in January-February of this year, increased the production of general rolled products, according to recent data, by 3% compared to the same period last year, to 415,000 tonnes.
As the representative of the enterprise told Interfax-Ukraine, during this period the plant increased steel production by 4.5%, to 420,000 tonnes and kept the production of cast iron at the level of 375,000 tonnes.
In February, 195,000 tonnes of rolled products, 195,000 tonnes of steel, and 170,000 tonnes of cast iron were produced.
In turn, the economic planning department of the plant said that in February 2021 it reduced the production of commercial metal products to the level of 192,813 tonnes.
“Last month, the target was fulfilled only in the rolling shop. Sinter, blast furnaces and converters worked in the negative indicator,” according to the company’s information.
At the same time, it is said that the sinter shop produced 284,736 tonnes of sinter, which is 91.9% of the target. In addition, with the target of 181,906 tonnes of cast iron, 171,040 tonnes were produced in February, which is 6% less.
The target for steel production was fulfilled by 96.2% – 193,280 tonnes were produced, which is 7,702 tonnes less than the target. In the total steel production, the amount of commercial steel amounted to 129,929 tonnes, while the target was 138,017 tonnes.
The total output of rolled products for the last month was 70,065 tonnes (3,175 tonnes to the target).
In February, the plant shipped 195,707 tonnes of commercial metal products to customers, which is 3.8% less than the established target.
As reported, the plant in 2020 increased the production of general rolled products by 13.3% compared to the previous year, to 2.54 million tonnes, steel by 15.2%, to 2.56 million tonnes, cast iron by 19.2%, to 2.36 million tonnes, and agglomerate by 40.2%, to 4.06 million tonnes.
Dniprovsky Iron and Steel Works specializes in the production of cast iron, steel, rolled products and consumer goods.
The company is controlled by the ISD corporation which was founded in 1995. It is an integrated holding company that owns or manages stakes in mining and metals enterprises.

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ILLICH IRON AND STEEL WORKS INCREASES ROLLED PRODUCTS OUTPUT BY 19%

Mariupol-based Illich Iron and Steel Works (Donetsk region), part of Metinvest Group, in January-February this year increased the production of general rolled products, according to recent data, by 19% compared to the same period last year, to 660,000 tonnes.
As the enterprise told Interfax-Ukraine, steel production during this period increased by 3.7%, to 700,000 tonnes, cast iron by 15.2%, to 765,000 tonnes, and sinter by 14.3%, to 2.152 million tonnes.
In February, the plant produced about 300,000 tonnes of general rolled products, 340,000 tonnes of steel, 410,000 tonnes of cast iron, and 1.07 million tonnes of sinter.
Metinvest is a vertically integrated group of mining companies. Its main shareholders are SCM Group (71.24%) and Smart-Holding (23.76%), jointly managing the company.
Metinvest Holding LLC is the managing company of Metinvest Group.

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UKRAINE INCREASES PRODUCTION OF ROLLED PRODUCTS

Ukrainian metallurgical enterprises increased the production of general rolled products, according to recent data, by 0.5% in January-February this year compared to the same period last year, to 3.156 million tonnes.
According to the report of the Ukrmetalurgprom association on Tuesday, in the first two months of the year steel production decreased by 1.1%, to 3.513 million tonnes, while cast iron output increased by 4.5%, to 3.506 million tonnes.
In February, 1.493 million tonnes of rolled metal, 1.674 million tonnes of steel, and 1.688 million tonnes of cast iron were produced.
As reported, over 2020, Ukrainian metallurgical enterprises increased the production of general rolled products by 0.7% compared to the previous year, to 18.344 million tonnes, reduced steel output by 1.4%, to 20.549 million tonnes and increased cast iron production by 1.5%, to 20.358 million tonnes.

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UKRAINE CUTS OUTPUT OF ROLLED PRODUCTS AND BUT INCREASES CAST IRON

Ukrainian metallurgical enterprises in January of this year reduced the production of general rolled products, according to recent data, by 1.2% compared to the same period last year, to 1.659 million tonnes.
According to the report of the Ukrmetalurgprom association on Tuesday, in the first month of the year steel production decreased by 0.1%, to 1.841 million tonnes, while cast iron increased by 5.1%, to 1.817 million tonnes.
As reported, over 2020, Ukrainian metallurgical enterprises increased production of general rolled products by 0.7% compared to 2019, to 18.344 million tonnes, reduced steel by 1.4%, to 20.549 million tonnes and increased cast iron by 1.5%, to 20.358 million tonnes.

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Zaporizhstal cuts output of rolled products in 2020

In 2020, Zaporizhstal metallurgical plant reduced the output of rolled products by 4.3%, to 3.204 million tonnes compared to the previous year.

According to the company’s press release, steel production last year decreased by 5.5%, to 3.784 million tonnes, while pig iron production increased by 2.5% to 4.471 million tonnes.

In December, 397,500 tonnes of pig iron, 345,600 tonnes of steel, and 287,600 tonnes of rolled products were produced, in November 387,600 tonnes of pig iron, 329,200 tonnes of steel, and 275,100 tonnes of rolled products.

“Zaporizhstal has strengthened its position in the markets due to the transformation of work with consumers: high discipline of order fulfillment and customization are on the same level as the quality of supplied products. Therefore, we finished 2020 with decent results and plans for 2021,” Zaporizhstal Director General Oleksandr Myronenko said.

Zaporizhstal is one of the largest industrial enterprises in Ukraine, the products of which are in a great demand among consumers in the internal market and in many countries of the world. The plant specializes in high quality hot-rolled steel, hot-rolled sheet, cold-rolled sheet, cold-rolled coil of carbon and low-alloy steels, as well as steel tape, black sheet, and a bent profile.

The main consumers of the products are manufacturers of welded pipes, automobile, transport, agricultural engineering enterprises,and household appliances.

Zaporizhstal is in the process of integration into Metinvest Group, the main shareholders of which are PJSC System Capital Management (71.24%) and Smart-Holding group of companies (23.76%).

Metinvest Holding LLC is the managing company of Metinvest Group.

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AZOVSTAL RAISES ROLLED PRODUCTS OUTPUT BY 17%

Azovstal Iron and Steel Works (Mariupol, Donetsk region), which is part of Metinvest Group, in January-March 2020 increased the production of rolled goods, according to recent data, by 16.7% compared to the same period in 2019, to 1.032 million tonnes.
As a representative of the enterprise told Interfax-Ukraine, over this period, steel production increased by 15.1%, to 1.119 million tonnes, cast iron by 20.2%, to 999,000 tonnes.
In March, Azovstal produced 333,000 tonnes of rolled steel, some 343,000 tonnes of steel and some 310,000 tonnes of cast iron.
As reported, in 2019, Azovstal reduced total rolled goods production by 3.2% compared to 2018, to 3.753 million tonnes, steel production by 1.6%, to 4.016 million tonnes, cast iron output by 6.3%, to 3.475 million tonnes.
The enterprise is part of Metinvest Group, the main shareholders of which are SCM Group (71.24%) and Smart-Holding (23.76%), jointly managing the company.
Metinvest Holding LLC is the managing company of Metinvest Group.

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