Business news from Ukraine

“Zaporizhstal” has invested over UAH 1.2 bln in equipment maintenance during war

Since the beginning of the full-scale invasion, Zaporizhstal Iron and Steel Works has invested more than UAH 1.2 billion to upgrade production equipment and treatment facilities at the complex.

According to the company, in 2023, the plant invested UAH 750 million in projects to maintain the stability and reliability of the company’s main technological facilities, which is half the amount of UAH 500 million invested in 2022.

At the same time, it is stated that the full-scale invasion had a negative impact on Zaporizhstal’s operations: the plant’s production figures for 2021 – 4.4 million tons of iron, 3.7 million tons of steel, and 3.2 million tons of rolled products – are comparable to the total production volumes for two years: 2022 and 2023, respectively.

“Despite the partial utilization of production capacities, blackouts and terror on the part of the aggressor country, we continue to implement the investment program to maintain equipment reliability, operate steadily and strengthen the national economy on the way to Victory,” said Roman Slobodianiuk, CEO of Zaporizhstal.

During the full-scale invasion, the program focused on maintaining and updating equipment to ensure its reliable operation in unforeseen conditions. Key equipment upgrade projects were implemented in the sintering and blast furnace division of the plant. In particular, the repair of sinter machines at the sinter plant, as well as technological maintenance and full support of gas cleaning systems by professional services to ensure that the design indicators for the purification of waste gases are achieved: from dust to 30 mg/cubic meter, and for sulfur dioxide – below 400 mg/cubic meter.

Blast Furnace No. 3 was overhauled in the blast furnace shop. The production life and design characteristics of the unit were restored, and the efficiency of production and environmental equipment was improved. Air heaters No. 9 and 12, which operate in conjunction with the plant’s blast furnaces, were overhauled.

Zaporizhstal specialists performed a comprehensive overhaul of the hot rolling shop equipment: in addition to rolling mills, the equipment of tick cranes and method furnaces was updated. The mechanical, power and electrical equipment of the main rolling mills at the production site was updated.

In addition, a number of projects have been implemented to ensure sustainable operation and increase the production life of power equipment and infrastructure facilities, improve the safety of the production process for personnel, digitalize, etc.

In 2024, Zaporizhstal plans to implement a capital investment program totaling about UAH 1 billion. The program is aimed at maintaining and modernizing equipment, implementing functional programs for occupational health and safety, information technology, and social sphere.

“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 Group (23.76%).

Metinvest Holding LLC is the management company of Metinvest Group.

“Zaporizhstal” increased rolled steel output by 89%

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.

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“Zaporizhstal” completes first stage of overhaul of blast furnace No. 3

Zaporizhstal Iron and Steel Works has completed the first stage of the overhaul of blast furnace No. 3.

According to the company, the repairs were carried out by Metinvest-Promservice specialists.

It is specified that the main task of this stage for the repairmen was to replace the upper gas shut-off valve. It equalizes the pressure between the receiving hopper and the furnace, and it is very important to replace it in a timely manner to ensure that the loading process is safe and uninterrupted.

“The blast furnace is currently operating stably, and meanwhile, specialists are preparing for the second stage of the overhaul, which will begin in April,” the press release states.

As reported earlier, Zaporizhstal doubled its rolled steel output in two months compared to the same period last year, up to 395.3 thousand tons from 196 thousand tons, steel output by 2.25 times to 471.1 thousand tons, and pig iron output by 75.7% to 512.3 thousand tons.

In 2023, the steel plant 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.

“Zaporizhstal” doubled its rolled steel output

In January-February of this year, Zaporizhstal Iron and Steel Works increased its rolled steel output by 2 times compared to the same period last year, up to 395.3 thousand tons from 196 thousand tons.

According to the company, steel production during this period increased by 2.25 times to 471.1 thousand tons, and pig iron production by 75.7% to 512.3 thousand tons.

In February, Zaporizhstal produced 248.8 thousand tons of iron, 235.4 thousand tons of steel, and shipped 198.5 thousand tons of rolled products.

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” increased rolled products and steel output by 2.6 times

In January this year, Zaporizhzhia-based Zaporizhstal Iron and Steel Works increased its rolled steel output by 2.6 times year-on-year, up to 196 thousand tons from 74.6 thousand tons.

According to the company’s information on Monday, steel production during this period also increased by 2.6 times to 235.5 thousand tons, and pig iron production by 56.9% to 261 thousand tons.

In December 2023, Zaporizhstal produced 265.5 thousand tons of iron, 228.6 thousand tons of steel, and shipped 206.5 thousand tons of rolled products.

“The increase in production in January 2024 compared to the same period last year is due to the removal of blast furnace No. 2 from hot mothballing and the establishment of three blast furnaces in March 2023,” the press release explains.

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.

In 2023, the plant operated at an average of 70% of its capacity.

“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” donated over 767 tons of medical oxygen to Ukrainian hospitals in 2023

In 2023, Zaporizhstal Iron and Steel Works donated 767 tons of medical oxygen to Ukrainian hospitals free of charge.

According to the company, Zaporizhstal produces medical oxygen at the VRU-60 air separation unit in the oxygen compressor shop: atmospheric air is purified, compressed and separated into components. Zaporizhstal’s oxygen has been certified by the Ministry of Health of Ukraine for use as a medical drug since 2021. Since the start of shipments, the plant has supplied nearly 6,500 tons of oxygen to more than 100 hospitals in 17 regions of Ukraine.

Due to the full-scale war in Ukraine, the volume and geography of oxygen supplies have significantly decreased, but have not stopped. On average, Zaporizhstal shipped 64 tons of medical oxygen per month in 2023 at the request of medical institutions. The total amount of medical oxygen supplied to hospitals during this period amounted to 767 tons. The largest consumers were Zaporizhzhia city hospitals, the clinical hospital of emergency and ambulance services, and the children’s hospital.

Medical oxygen is intended for oxygen therapy in conditions accompanied by oxygen deficiency: respiratory diseases, cardiovascular diseases, surgical operations, etc. In particular, oxygen therapy is used to treat the acute respiratory disease COVID-19 caused by the SARSr-CoV coronavirus. During treatment, one ton of oxygen covers the needs of about one hundred patients.

“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 PrJSC (71.24%) and Smart Holding Group (23.76%).

Metinvest Holding LLC is the management company of Metinvest Group.

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