Business news from Ukraine

Business news from Ukraine

“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.

,

“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.

,

“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.

“Zaporizhstal” allocated UAH 2 mln for transport modernization

Metinvest Group’s Zaporizhstal Iron and Steel Works has modernized the transfer trolleys between the departments of its Cold Rolling Shop (CRS), allocating UAH 2 million for this purpose.

According to the company, the upgrade took four months to complete, and the transportation of rolled products from one department of the Cold Rolling Shop to another has become safer and more efficient.

It is specified that the trolleys were replaced with more modern electrical equipment, additional warning beacons, as well as optical and radiation sensors were installed.

“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 46%

In January-June this year, Zaporizhzhia-based Zaporizhstal Iron and Steel Works increased its rolled steel output by 46.1% year-on-year to 1 million 233.5 thousand tons from 844.2 thousand tons.
According to the company’s information on Tuesday, steel production during this period increased by 45.9% to 1 million 486.4 thousand tons, and pig iron by 33.3% to 1 million 527.3 thousand tons.
In June, Zaporizhstal produced 237 thousand tons of iron, 236.7 thousand tons of steel, and shipped 183 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.

,

“Zaporizhstal” has completed overhaul of blast furnace No. 4 and is preparing it for launch

Metinvest Group’s Zaporizhstal Iron and Steel Works has overhauled the third stage of blast furnace No. 4.
“Our fourth blast furnace has been renovated and is fully ready for operation, waiting for the first pig iron after the repair,” the company said in a statement.
It is specified that as part of the overhaul, a new charging machine was installed, the casting yard, air heaters and cleaning units were updated.
As reported, the overhaul was implemented as part of the plant’s investment program, with a total estimate of more than UAH 92 million.
“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.