Business news from Ukraine

Business news from Ukraine

“Zaporizhstal” increased rolled steel output by 21%

In January-October of this year, Zaporizhstal Iron and Steel Works increased its rolled steel output by 21.1% year-on-year to 2 million 1.2 thousand tons from 1 million 652.5 thousand tons.
According to the company, steel production in the period under review increased by 21.05% to 2.418 million tons, and pig iron production by 17% to 2.562 million tons.
In October, Zaporizhstal produced 264.5 thousand tons of iron, 241.3 thousand tons of steel, and shipped 172.2 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.

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“Zaporizhstal” allocates UAH 8 mln for air conditioning for rolling mill

Zaporizhstal Iron and Steel Works has allocated about UAH 8 million to purchase and install a powerful air conditioner for the equipment of the BTLS-1680 rolling mill (continuous thin-sheet mill) in the Hot Strip Mill Shop.
According to the company, the important equipment requires cooling due to high operating temperatures.
It is specified that the Hisense air conditioner ensures the optimal temperature regime for the equipment of the BTLS-1680 rolling mill and ensures that the drives of the finishing stand group do not “burn out” during operation.
At the same time, it is specified that for the first time, the installation and commissioning of complex climate control equipment was carried out by specialists from the Centralized Engineering Department, Central Electrotechnical Laboratory and Metinvest-Promservice.
“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 around the world.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.

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“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.

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“Zaporizhstal” increased rolled products output by 32.6%

In January-August this year, Zaporizhstal Iron and Steel Works increased its rolled steel output by 32.6% year-on-year to 1 million 644.4 thousand tons from 1 million 240.4 thousand tons.
According to the company, steel production during this period increased by 31.6% to 1 million 973.7 thousand tons, and pig iron production by 23% to 2.049 million tons.
In August, Zaporizhstal produced 259.5 thousand tons of iron, 236.8 thousand tons of steel, and shipped 214.2 thousand tons of rolled products, while in July it smelted 261.9 thousand tons of iron, 250.8 thousand tons of steel, and shipped 202 thousand tons of rolled products.
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 products 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.

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“Zaporizhstal” increased rolled steel output by 38%

In January-July this year, Zaporizhstal Iron and Steel Works increased its rolled steel output by 38% year-on-year to 1.435 million tons from 1 million 40.2 thousand tons.
According to the company’s information on Friday, steel production during this period increased by 37.9% to 1 million 737.1 thousand tons, and pig iron production by 27.1% to 1 million 789.5 thousand tons.
In July, Zaporizhstal produced 261.9 thousand tons of iron, 250.8 thousand tons of steel, and shipped 202 thousand tons of rolled products.
It is also 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, 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.

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“Zaporizhstal” carried out overhaul of pickling unit in Cold Rolling Shop

Zaporizhstal Iron and Steel Works of Zaporizhzhia has overhauled continuous pickling unit (CPU) No. 4 in the Cold Rolling Shop (CRS) to avoid production downtime.
According to the company’s press release on Tuesday, Metinvest Promservice specialists and rolling mill operators replaced a number of parts of the unit. The repair also included replacing the drive axle of the trolley at the coil preparation area before it is fed to the BTA-4 line.
“An important effect of this repair is preventive maintenance of the equipment, prevention of unit downtime and ensuring stable operation,” the company said in a statement.
“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 around the world.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.