Zaporizhstal Iron and Steel Works is increasing the durability of its rolls by increasing the volume of rolled metal and improving its efficiency.
According to the company, the hot rolling shop systematically implements effective measures to improve production and reduce costs.
For example, last year, the rollers increased the stability of horizontal rolls at Slabbing 1150, which made it possible to roll 20 thousand tons more metal per coil. This resulted in an economic effect of about $18 thousand per year.
In addition, the specialists of the Cold Rolling Shop (CRS) implemented a combined technology for processing slabs, which led to a significant reduction in rejects. As a result, the economic effect amounted to $125 thousand per year.
We also worked productively on one of the most important indicators – the metal consumption ratio. A whole range of measures was implemented to reduce the amount of scrap metal by 2.2 kg per ton of rolled steel. These measures resulted in $475 thousand of economic effect per year.
“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 being integrated into Metinvest Group, whose major shareholders are System Capital Management PrJSC (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.
Zaporizhzhia Iron and Steel Works “Zaporizhstal” increased its rolled steel output by 18.1% in 2024 compared to 2023, up to 2 million 426.7 thousand tons from 2 million 54.7 thousand tons.
According to the company’s press release on Thursday, steel production for the period increased by 17.2% to 2 million 890.8 thousand tons, and pig iron by 14.2% to 3 million 106.3 thousand tons.
In December, Zaporizhstal produced 284.7 thousand tons of iron, 245.5 thousand tons of steel, and shipped 234.1 thousand tons of rolled products.
Taras Shevchenko, Acting CEO of Zaporizhstal, stated that in 2024, the plant continued to operate in the face of the proximity of the frontline and the resulting security risks, a significant shortage of personnel due to mobilization and migration, significant energy supply restrictions, the crisis in global markets and stagnation of the domestic steel market, etc.
“It took a lot of effort to keep the plant’s production capacity utilization at an average of 75% and, in addition, to continue support programs for the team, the region and the army. The key focus of Zaporizhstal’s team in 2024 was on finding solutions to improve our own sustainability, efficiency and competitiveness – and, given the disappointing forecasts for 2025, we will continue this work to save the plant and our team,” Shevchenko said.
The press release clarifies that the increase in production in 2024 compared to 2023 is due to higher blast furnace productivity, increased demand for commercial pig iron and the partial restoration of the sea freight export route.
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.
In January-November of this year, Zaporizhstal Iron and Steel Works increased its rolled steel output by 18.65% year-on-year to 2 million 192.6 thousand tons from 1 million 847.9 thousand tons.
According to the company, steel production for the period increased by 18.6% to 2 million 645.3 thousand tons, and pig iron production by 15% to 2 million 821.6 thousand tons.
In November, Zaporizhstal produced 259.6 thousand tons of iron, 227.3 thousand tons of steel, and shipped 191.4 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 widely known and in demand 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-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.
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.
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.
