Business news from Ukraine

Business news from Ukraine

“Dneprovsky Iron and Steel Works” reduced rolled steel output by 57%

Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, reduced rolled steel production by 56.9% year-on-year to 35.8 thousand tons in January-September this year.
According to information in the corporate newspaper DCH Steel on Thursday, in September, the company produced 1.98 thousand tons of rolled steel, in August, the plant did not produce rolled metal, but rolling shop No. 2 shipped to consumers 2.3 thousand tons of steel products produced earlier. In September 2023, the company produced 8.6 thousand tons of rolled metal products.
“In September, rolling shop No. 1 was put into operation, where the company produced mainly R-34 ore rails and R-43 rails. The company is currently in the process of launching the rolling mill at Rolling Shop No. 2, which is scheduled to start in November,” the company said.
At the same time, coke production in the first nine months of 2024 decreased by 0.4% to 218.1 thousand tons. In September, coke production decreased by 1.2% compared to the previous month to 24.1 thousand tons. In August 2023, the plant produced 20.9 thousand tons of metallurgical coke.
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 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.

,

Ukraine increases rolled steel output by almost quarter

Ukrainian metallurgical enterprises increased production of rolled steel in January-September this year, according to preliminary data, by 22.7% year-on-year, to 4.821 million tons from 3.929 million tons.
According to Ukrmetallurgprom on Tuesday, steel production during the period increased by 28.2% to 5.884 million tons, and pig iron production by 21.9% to 5.356 million tons.
In September, the company produced 503.9 thousand tons of rolled products, 610 thousand tons of steel, and 624.1 thousand tons of pig iron, compared to 589.3 thousand tons of rolled products, 690.7 thousand tons of steel, and 643.6 thousand tons of pig iron in the previous month.
As reported, in 2023, Ukraine increased production of total rolled products by 0.4% compared to 2022 – up to 5.372 million tons, but reduced steel production by 0.6% to 6.228 million tons, and pig iron by 6.1% to 6.003 million tons.
In 2022, Ukraine reduced production of total rolled products by 72% compared to 2021, to 5.350 million tons, steel by 70.7% to 6.263 million tons, and pig iron by 69.8% to 6.391 million tons.
In 2021, the company produced 21.165 million tons of pig iron (103.6% compared to 2020), 21.366 million tons of steel (103.6%), and 19.079 million tons of rolled products (103.5%).

“Zaporizhstal” increased rolled steel output by quarter

In January-September this year, Zaporizhzhia-based Zaporizhstal Iron and Steel Works increased its rolled steel output by 26.7% year-on-year to 1.829 million tons from 1 million 443.9 thousand tons.
According to the company’s information on Tuesday, steel production during this period increased by 24.7% to 2 million 176.7 thousand tons, and pig iron production by 19.5% to 2 million 297.5 thousand tons.
In September, Zaporizhstal produced 248.6 thousand tons of iron, 203 thousand tons of steel, and shipped 184.1 thousand tons of rolled products.
At the same time, it is recalled that in 2023, the plant operated at an average of 70% of its capacity.
As reported, in 2023, Zaporizhstal increased its rolled steel output by 57.2% compared to 2022, up to 2 million 54.7 thousand tons, steel by 65.4%, up to 2 million 466.9 thousand tons, and pig iron by 35.3%, up to 2 million 718.9 thousand tons.
“Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries of the world.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.

,

Ukraine’s rolled steel market declined by 1.5%

In January-August this year, Ukrainian enterprises reduced their consumption of rolled metal products by 1.46% year-on-year to 2 million 298.1 thousand tons.
According to a press release issued by Ukrmetallurgprom on Monday, 833.1 thousand tons, or 36.25% of the domestic rolled metal consumption market, were imported during this period.
According to Ukrmetallurgprom, in January-August 2024, steel companies produced 4.318 million tons of rolled metal products (126.6% compared to the same period in 2023). According to the State Customs Service of Ukraine, about 2.853 million tons, or 66.1%, were exported. In January-August 2023, the share of exports amounted to 52.5% (1.790 million tons against a total rolled steel production of 3.410 million tons).
The share of semi-finished products in export deliveries in January-August 2024 amounted to 46.83%, which is almost the same as in January-August 2023 (45.47%).
The share of flat products in export deliveries for the first eight months of this year is significantly higher than in January-August 2023 (39.19% and 34.97%, respectively). The share of long products is significantly lower than in January-August 2023 (13.99% vs. 19.55%).
“In the first eight months of 2024, the domestic market capacity amounted to 2 million 298.1 thousand tons of rolled steel, of which 833.1 thousand tons, or 36.25%, were imported. In January-August 2023, the domestic market capacity amounted to 2 million 328.1 thousand tons, of which 708.1 thousand tons, or 30.42%, were imported. Thus, in the first eight months of this year, there was a decrease in the domestic market capacity by 1.46% compared to the first eight months of last year, with a simultaneous increase in the share of the import component by 5.84%,” the press release states.
The structure of imports for the period under review is still characterized by a significant dominance of flat products over long products (79.74% and 18.80%, respectively). In January-August 2023, the dominance of flat products over long products was also significant (80.30% and 18.71%, respectively).
According to the State Customs Service, the main export markets for Ukrainian rolled steel products in January-August were the European Union (72.0%), Africa (9.7%) and the rest of Europe (7.2%).
Among metallurgical importers, the first place is occupied by other European countries (49.2%), the second – by the EU-27 (28.5%), and the third – by Asian countries (20.6%).
As reported, Ukraine’s rolled steel market increased 2.19 times in 2023 compared to 2022, to 3 million 505.6 thousand tons. The company imported 1 million 118.6 thousand tons, or 31.91% of the domestic rolled steel consumption market.

Ukraine increases rolled steel output by 27%

Ukrainian metallurgical enterprises increased production of total rolled steel in January-August this year by 26.6% year-on-year, up to 4.318 million tons from 3.410 million tons, according to preliminary data.
According to Ukrmetallurgprom on Tuesday, steel production for the period increased by 30.8% to 5.274 million tons, and pig iron by 21.1% to 4.732 million tons.
In August, the company produced 589.3 thousand tons of rolled products, 690.7 thousand tons of steel, and 643.6 thousand tons of pig iron, compared to 588.6 thousand tons of rolled products, 708.9 thousand tons of steel, and 621.4 thousand tons of pig iron in the previous month.
As reported, in 2023, Ukraine increased production of total rolled products by 0.4% compared to 2022 to 5.372 million tons, but reduced steel production by 0.6% to 6.228 million tons, and pig iron by 6.1% to 6.003 million tons.
In 2022, Ukraine reduced production of total rolled products by 72% compared to 2021, to 5.350 million tons, steel by 70.7% to 6.263 million tons, and pig iron by 69.8% to 6.391 million tons.
In 2021, the company produced 21.165 million tons of pig iron (103.6% compared to 2020), 21.366 million tons of steel (103.6%), and 19.079 million tons of rolled products (103.5%).

“Dneprovsky Iron and Steel Works” reduced rolled steel production by 54.6%

Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, cut rolled steel production by 54.6% year-on-year to 33.8 thousand tons in January-August this year.

According to information in DCH Steel’s corporate newspaper on Thursday, the company did not produce rolled metal products in August, but rolling shop No. 2 shipped 2.3 thousand tons of steel products to consumers. In August 2023, the company produced 4.4 thousand tons of rolled metal products.

“The August rolling campaign has been postponed to September due to a change in the delivery time of billets. The rollers are planning to start working on September 13, and it all depends on the pace of billets supply by the customer,” the company said in a statement.

At the same time, coke production in the first eight months of 2024 decreased by 2% to 194 thousand tons. In August, coke production decreased by 6.7% compared to the previous month to 24.4 thousand tons. In August 2023, 25.8 thousand tons of coke were produced.

As reported, in 2023, DMZ increased its rolled metal output by 86.2% compared to 2022, up to 105.6 thousand tons, and coke output by 38.5%, up to 292.7 thousand tons.

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.

, ,