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.
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.
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.
In 2023, Zaporizhzhia-based Zaporizhstal Iron and Steel Works increased its rolled steel output by 57.2% compared to 2022, to 2 million 54.7 thousand tons.
According to the company’s information on Friday, steel production for the year increased by 65.4% to 2 million 466.9 thousand tons, and pig iron production by 35.3% to 2 million 718.9 thousand tons.
In 2023, the plant operated at an average of 70% of its capacity.
In December, Zaporizhstal produced 265.5 thousand tons of iron, 228.6 thousand tons of steel, and shipped 206.5 thousand tons of rolled products, compared to 262.7 thousand tons of iron, 240.8 thousand tons of steel, and 195.6 thousand tons of rolled products in the previous month, and 141.9 thousand tons of iron, 70.7 thousand tons of steel, and 57.7 thousand tons of rolled products in December 2022.
“The increase in production in December 2023 compared to December 2022 is due to the removal of blast furnace No. 2 from hot mothballing and the establishment of three blast furnaces,” the press release explains.
As noted, enemy shelling and destruction, interruptions in the supply of raw materials and energy, and disruption of logistics routes for the export of finished products due to the blockade of seaports in 2023 led to a reduction in steel and rolled products production at Zaporizhstal compared to pre-war levels. However, compared to 2022, the steelmaker increased production of steel products by increasing capacity utilization, finding new logistics routes for raw materials and sales, and expanding its product portfolio.
“The implemented anti-crisis solutions allowed us to stabilize the production process and refocus on more efficient work in the ever-changing wartime environment, maintain production and retain our team. In 2024, we plan to maintain production volumes, and, given the favorable conditions on foreign markets and demand for rolled steel in the domestic market, to increase production capacity utilization,” said Roman Slobodianiuk, CEO of Zaporizhstal, as quoted by the press service.
As reported, in 2022, Zaporizhstal reduced its rolled steel output by 60.4% compared to 2021, to 1 million 304.3 thousand tons, steel by 61.7%, to 1 million 491.3 thousand tons, and pig iron by 54.3%, to 2 million 9.9 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 of Zaporizhzhia has re-commissioned a pulverized coal injection (PCI) unit to reduce the cost of pig iron production.
According to the company’s Facebook post, the equipment was temporarily suspended due to unstable power supply and logistical constraints associated with the full-scale war.
“Now, thanks to the team of #Zaporizhstal blast furnace workers, the equipment is back in operation and operates by blowing pulverized coal into the blast furnaces. The use of pulverized coal technology reduces the cost of pig iron without affecting its quality and increases the productivity of Zaporizhstal’s blast furnaces,” the plant said in a statement.
As reported earlier, Zaporizhstal switched to the use of energy-efficient PCI technology in blast furnace production in October 2011: the project was launched in the first quarter of 2008, and the contract for the supply of technology and equipment was signed in 2006 with the German company Küttner.
The plant became the third steelmaker in Ukraine to implement PCI technology, following Donetsk Iron and Steel Works (DMZ) and Alchevsk Iron and Steel Works (Luhansk Oblast). The technology involves feeding wet PCI coke to grinding mills, where the coal is ground to dust, or particles smaller than 90 microns. It is then dried and blown into the combustion chamber – the blast furnace furnace.
“Zaporizhstal recouped the cost of constructing the pulverized coal plant worth about UAH 1 billion, including UAH 350 million for the construction of the basic coal storage facility (BCF), in 1.5 years after commissioning. The use of the PCI technology made it possible to increase the productivity of blast furnaces by an average of 10-15%.
“In the first nine months of 2023, Zaporizhstal reduced its net loss by 91.8% compared to the same period in 2022, to UAH 236.623 million from UAH 2 billion 883.850 million, while its net income for the period increased by 9.2% to UAH 41 billion 329.014 million. Retained earnings as of the end of September 2023 amounted to UAH 28 billion 961.786 million.
“Zaporizhstal ended 2022 with a net loss of UAH 4 billion 864 million 684.828 thousand, while in 2021 it made a net profit of UAH 16 billion 809 million 158.412 thousand.
“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 around the world.
According to the NDU for the third quarter of 2023, Kyiv Securities Group LLC owns 24.5003% of Zaporizhstal shares, Midland Capital Management LLC (both Kyiv, registered at the same address) owns 11.2224%, Global Steel Investments Limited (UK) owns 12.3466%, and Metinvest B.V. (Netherlands) owns 47.0032%.
Earlier it was reported that Metinvest Group’s effective shareholding in Zaporizhstal remains at 49.9%.
“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-September of this year, PJSC “Zaporizhstal Iron and Steel Works” reduced its net loss by 91.8% compared to the same period last year – to UAH 236.623 million from UAH 2 billion 883.850 million.
According to the company’s interim report in the NSSMC’s information disclosure system, its net income for the period increased by 9.2% to UAH 41 billion 329.014 million.
Retained earnings as of the end of September 2023 amounted to UAH 28 billion 961.786 million.
As reported, Zaporizhstal ended 2022 with a net loss of UAH 4 billion 864 million 684.828 thousand, while in 2021 it made a net profit of UAH 16 billion 809 million 158.412 thousand.
“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 around the world.
According to the NDU for the third quarter of 2023, Kyiv Securities Group LLC owns 24.5003% of Zaporizhstal shares, Midland Capital Management LLC (both Kyiv, registered at the same address) owns 11.2224%, Global Steel Investments Limited (UK) owns 12.3466%, and Metinvest B.V. (Netherlands) owns 47.0032%.
Earlier it was reported that Metinvest Group’s effective shareholding in Zaporizhstal remains at 49.9%.
“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.
