Ukrainian metallurgical enterprises increased production of rolled steel by 30.5% year-on-year to 1.973 million tons from 1.512 million tons in January-April this year, according to preliminary data.
According to Ukrmetallurgprom on Thursday, steel production increased by 32.8% y-o-y to 2.402 million tons from 1.809 million tons in January-April 2023.
Pig iron production increased by 25.1% to 2.186 million tons from 1.747 million tons.
As reported earlier, in January 2014, Ukraine increased production of total rolled products by 75.9% year-on-year to 453 thousand tons from 257 thousand tons, steel by 91.6% to 544 thousand tons from 284 thousand tons, and pig iron by 44.5% to 555 thousand tons from 384 thousand tons.
In 2M2024, rolled products output increased by 52.5% y-o-y to 900 thousand tons from 590 thousand tons, steel output by 52% to 1.076 million tons from 708 thousand tons, and pig iron output by 42.5% to 1.050 million tons from 737 thousand tons.
In 1Q2024, the company increased production of total rolled products by 35.5% to 1.389 million tons, steel by 36.6% to 1.687 million tons, and pig iron by 32.1% to 1.589 million tons.
In 2023, Ukraine increased its 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%).
In January-April of this year, Zaporizhstal Iron and Steel Works increased its rolled steel output by 59.1% year-on-year to 844.8 thousand tons from 530.9 thousand tons.
According to the company, steel production during this period increased by 56.1% to 1 million 9.3 thousand tons, and pig iron production by 46.5% to 1 million 50.4 thousand tons.
In April, Zaporizhstal produced 265 thousand tons of iron, 278.4 thousand tons of steel, and 229.4 thousand tons of rolled products.
As reported earlier, in 2023, Zaporizhstal increased its rolled steel output by 57.2% compared to 2022, to 2 million 54.7 thousand tons, steel by 65.4%, to 2 million 466.9 thousand tons, and pig iron by 35.3%, 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.
Ukrainian metallurgical enterprises in January-March this year increased production of total rolled products by 35.5% year-on-year to 1.389 million tons from 1.025 million tons, according to preliminary data.
According to Ukrmetallurgprom on Tuesday, steel production increased by 36.6% to 1.687 million tons from 1.235 million tons in January-March 2023.
Pig iron production increased by 32.1% to 1.589 million tons from 1.203 million tons.
As reported, in January 2014, the company increased production of total rolled products by 75.9% year-on-year to 453 thousand tons from 257 thousand tons, steel by 91.6% to 544 thousand tons from 284 thousand tons, and pig iron by 44.5% to 555 thousand tons from 384 thousand tons.
In 2M2024, rolled products output increased by 52.5% y-o-y to 900 thousand tons from 590 thousand tons, steel output by 52% to 1.076 million tons from 708 thousand tons, and pig iron output by 42.5% to 1.050 million tons from 737 thousand tons.
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%).
Dnipro Metallurgical Plant (DMZ, formerly Dneprokoks), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, cut rolled steel production by 61% year-on-year in January-March this year, down to 11.5 thousand tons from 29.4 thousand tons.
According to a report in DCH Steel’s corporate newspaper on Thursday, coke output for the period increased by 52.4% to 69.8 thousand tons from 45.8 thousand tons.
At the same time, in March of this year, DMZ reduced rolled steel output by 41.3% year-on-year to 6.2 thousand tons. However, metallurgical coke production increased by 52.3% to 24.4 thousand tons.
“In March, rolled steel production increased by 17.9% compared to February and metallurgical coke production by 7.8%,” the publication states.
DMZ employees made a unique mine skip for the group’s Sukha Balka mine. It is specified that this lifting mechanism is unique because there are no other such mine skips in the world with a volume of 25 cubic meters and a lifting capacity of 53 tons from a depth of 1500 meters, usually miners use smaller units of 20 cubic meters.
The skip was transported to the mine, where it was covered with an anti-corrosion coating, galvanized and painted, and a lining made in Sweden was installed. Currently, the skip is being installed at Yubileynaya mine.
“The project to manufacture a mine roof was implemented as part of DMZ’s vertical integration with Sukha Balka mine. The work was done perfectly, so we decided to entrust DMZ specialists with the production of the next important unit – a three-storey mine cage,” said Vitaly Bash, CEO of DCH Steel.
As reported, in 2023, the plant 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.
In January-March of this year, Zaporizhstal Iron and Steel Works increased its rolled steel output by 88.9% year-on-year to 615.3 thousand tons from 325.7 thousand tons.
According to the company, steel production during this period increased by 85.7% to 731 thousand tons, and pig iron production by 61.8% to 785.4 thousand tons.
In March, Zaporizhstal produced 273.1 thousand tons of iron, 260 thousand tons of steel, and 219.4 thousand tons of rolled products.
As reported earlier, in 2023, Zaporizhstal increased its rolled steel output by 57.2% compared to 2022, to 2 million 54.7 thousand tons, steel by 65.4%, to 2 million 466.9 thousand tons, and pig iron by 35.3%, 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.
In January-February this year, Ukrainian enterprises reduced their consumption of rolled metal products by 24.95% year-on-year, down to 370.2 thousand tons from 493.3 thousand tons.
According to a press release issued by Ukrmetallurgprom on Thursday, 171.2 thousand tons, or 46.25% of the domestic rolled steel market, were imported during this period.
According to Ukrmetallurgprom, in January-February 2024, steel companies produced 900 thousand tons of rolled metal products (152.5% compared to the same period in 2023), of which, according to the State Customs Service of Ukraine, about 701 thousand tons, or 77.9%, were exported. In January-February 2023, the share of exports amounted to 38.5% (227 thousand tons with a total production of 590 thousand tons of rolled metal products).
The share of semi-finished products in export deliveries in January-February 2024 amounted to 47.50%, which is the same as in January-February 2023 (47.58%). The share of flat products in export deliveries significantly exceeded the figure for January-February 2023 (38.66% and 28.19%, respectively), while the share of long products was significantly lower than in January-February 2023 (13.84% in 2024 vs. 24.23% in 2023).
“In January-February 2024, the domestic market capacity amounted to 370.2 thousand tons of rolled steel, of which 171.2 thousand tons or 46.25% were imported. In January-February 2023, the domestic market capacity amounted to 493.3 thousand tons, of which 130.3 thousand tons, or 26.41%, were imported. Thus, in January-February 2024, there was a decrease in the domestic market capacity by 24.95% compared to two months of 2023, with a simultaneous increase in the share of the import component by 19.84%,” the press release states.
The structure of imports in January-February 2024 is still characterized by a significant dominance of flat products over long products (85.05% and 13.67%, respectively); in January-February 2023, the dominance of flat products over long products was also significant (77.97% and 20.49%, respectively).
According to the State Customs Service, the main export markets for Ukrainian rolled steel products in January-February this year were the European Union (80.6%), the rest of Europe (7.3%) and Africa (3.9%).
Among metallurgical importers, the first place was occupied by other European countries (42.9%), the second by the EU-27 (39.9%), and the third by Asian countries (16.9%).
As reported, Ukraine’s rolled steel market grew 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.
In 2023, Ukrainian steelmakers produced 5.37 million tons of rolled metal products (100.4% compared to 2022), of which, according to the UAVtormet Expert and Scientific Council, about 2.99 million tons, or 55.6%, were exported.
In 2022, the share of exports amounted to 81.7% (4.37 million tons with a total production of 5.35 million tons of rolled metal products).
The share of semi-finished products in export deliveries in 2023 was 40.30%, which is significantly lower than in the same period in 2022 (43.45%). The share of flat products in exports for the year was also significantly higher than a year earlier (40.41% and 36.34%, respectively). At the same time, the share of long products is comparable to the figure for the previous similar reporting period (19.53% in 2023 vs. 20.21% in 2022).
In 2023, the domestic market capacity amounted to 3,505.6 thousand tons of rolled steel, of which 1,118.6 thousand tons, or 31.91%, were imported. In 2022, the domestic market capacity amounted to 1598.6 thousand tons, of which 621.6 thousand tons, or 38.88%, were imported. Thus, in 2023, there was an increase in the domestic market capacity by 119.29% compared to 2022, while the share of the import component decreased by 6.98%.
The structure of imports last year was still characterized by a significant dominance of flat products over long products (76.08% and 23.87%, respectively); in 2022, the dominance of flat products over long products was also significant (68.69% and 30.41%, respectively).
According to UAVtormet, the main export markets for Ukrainian steel products in 2023 were the EU (82%) and the rest of Europe (7.5%).
Among metallurgical importers in 2023, the first place was occupied by other European countries (42.4%), the second by the EU-27 (37.3%), and the third by Asian countries (18.2%).
