Business news from Ukraine

“Zaporizhstal” increased shipment of rolled products by quarter, steelmaking – by third

In January-August of the current year Zaporizhzhstal Iron and Steel Works increased the shipment of rolled products by 26.1% compared to the same period last year – up to 1 million 240.4 thousand tons.

According to the company’s information on Monday, steelmaking for this period increased by 35.5% to 1 million 499.4 thousand tons, pig iron – by 17.5% to 1 million 665.7 thousand tons.

In August 2023, Zaporizhstal produced 257.9 thousand tons of pig iron, 239.7 thousand tons of steel, shipped 200.4 thousand tons of rolled products, while in the previous month – 262 thousand tons of pig iron, 240.7 thousand tons of steel, shipped 196.1 thousand tons of rolled products.

“The increase in the production level in August 2023 compared to the same period last year is due to the withdrawal of blast furnace No. 2 from the hot conservation mode and debugging of the operation mode of three blast furnaces,” the press release explains.

It is reminded that due to the aggravation of military operations in the region since the beginning of March 2022 Metinvest Group transferred part of Zaporizhstal equipment to the hot conservation mode. At the end of March of the same year, the mill partially resumed operation of the cold rolling shop for production and shipment of cold-rolled coils to European consumers. A month after the forced shutdown, the mill brought the equipment out of mothballing and partially resumed production. Since April 2022, the mill has been operating at an average of 50% capacity.

As reported, “Zaporizhstal” in 2022 reduced the output of rolled products by 60.4% compared to 2021 – to 1 million 304.3 thousand tons, steel by 61.7% – to 1 million 491.3 thousand tons, pig iron – by 54.3%, to 2 million 9.9 thousand tons.

“Zaporizhstal” is one of the largest industrial enterprises of Ukraine, whose products are widely demanded by consumers both in the domestic market and in many countries of the world. The specialization of the plant is high quality steel g/k coil, g/k sheet, cold rolled sheet, x/k coil from carbon and low-alloy steels, as well as steel strip, black tin plate, bent profile.

The main consumers of the products are welded pipe manufacturers, automobile, transport and agricultural machine building enterprises, manufacturers of household appliances.

“Zaporizhstal is in the process of integration into Metinvest Group, the main shareholders of which are System Capital Management PJSC (71.24%) and Smart Holding Group of Companies (23.76%).

Metinvest Holding LLC is the management company of Metinvest Group.

, ,

“Zaporizhstal” increased shipment of rolled steel by 1.8% and steel production by 10.5%

Zaporizhstal steelmaker Zaporizhstal in January-June this year increased shipment of rolled steel by 1.8% compared to the same period of the last year – up to 844.2 thousand tons.
According to the company, smelting steel during this period rose by 10.5% to 1 million 18.9 thousand tons, and iron – by 1.1%, to 1 million 145.8 thousand tons.
In June 2023, Zaporizhstal produced 131.9 thousand tons of cast iron (in June 2022 – 72.8 thousand tons), 159.4 thousand tons of steel (69.6 thousand tons), shipped 199.1 thousand tons of rolled steel (146.9 thousand tons).
“The increase in production levels in June 2023 compared to the same period last year was due to the withdrawal of blast furnace No. 2 from hot preservation mode and the adjustment of the operating mode of three blast furnaces,” the press release explains.
At the same time, production went down in May. Thus, in the previous month was produced 229.6 thousand tons of iron, 213.3 thousand tons of steel, but the shipment of steel was lower – 180.5 thousand tons.
It’s worth mentioning that due to intensified military operations in the region, since the beginning of March 2022 Metinvest Group has put some of Zaporizhstal’s equipment into hot standby. At the end of March of the same year the plant partially resumed cold-rolling shop operation for production and shipment of cold-rolled coils to European consumers. A month after the forced shutdown the mill put the equipment out of conservation and partially resumed production. Since April 2022 the mill has been working at an average of 50% capacity.
As it was reported, in 2022 “Zaporizhstal” decreased the output of rolled steel by 60.4% compared to 2021 – down to 1 million 304.3 thousand tons, steel – by 61.7% to 1 million 491.3 thousand tons, iron – by 54.3%, to 2 million 9.9 thousand tons.
“Zaporizhstal” is one of the biggest industrial enterprises in Ukraine, which products are in great demand among the consumers on the internal market and in many countries of the world. The plant specializes in high-quality carbon and low-alloy steel coils, hot-rolled plates, cold-rolled sheets, cold-rolled coils, as well as steel straps, tin plates, formed sections.
Main consumers are producers of welded pipes, enterprises of automotive, transport, agricultural engineering, producers of household appliances.
“Zaporizhstal is currently in the process of integration into Metinvest Group the main shareholders of which are CJSC “System Capital Management” (71.24%) and Smart Holding group of companies (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.

, ,

“Zaporizhstal” handed over modern Mavic drones to defenders of Ukraine

Zaporizhstal Iron and Steel Works and Metinvest Group have handed over two modern DJI Mavic 3 reconnaissance drones to the Ukrainian Armed Forces as part of the Rinat Akhmetov Steel Front military initiative.
According to the company’s statement on Friday, the delivery took place this week.
“Ukrainian defenders use drones for reconnaissance, correction or strike. However, their first and most important mission is to contribute to saving the lives of the personnel of the Ukrainian Armed Forces. That’s why we can never have too many copters, and we systematically transfer these “birds” to our defenders. Today, two more Mavic drones from Zaporizhstal and Metinvest are on their way to the National Guard,” Yevgeny Avdzhi, Zaporizhstal’s procurement director, commented on the situation, as quoted by the press service.
It is specified that the DJI Mavic 3 is the most needed and popular model of drones in the Armed Forces of Ukraine, which helps to detect and destroy the enemy on the front line. The copter is used for reconnaissance and fire control. The competitive advantage of this model is its excellent optics and navigation. Two new Mavic drones have already been delivered to the Donetsk sector, where a Zaporizhstal employee with the call sign “Thunder” serves in the Armed Forces.
“Zaporizhstal and Metinvest always support their employees. And even now, when we are at the front line, the company does not stand aside, the soldier noted.
“Today we received two reconnaissance drones. These drones are our eyes at the front. They help us to detect the accumulation of military equipment and enemy manpower and then, if necessary, adjust our fire. This drone is operated remotely from a control panel. The pilot sees in real time where, what is located and what is happening, and then a decision is made to evacuate or fire,” explained Hrom.
“The Steel Front is an initiative that brings together all the military assistance provided by Rinat Akhmetov’s SCM businesses to the Ukrainian Armed Forces, medical workers and critical infrastructure. From the first day of the full-scale war in Ukraine, Rinat Akhmetov’s businesses (Metinvest, DTEK, FUIB, Ukrtelecom and others) and FC Shakhtar started helping the defenders of Ukraine by buying and delivering protective equipment, first aid kits, vehicles, fuel and more. As part of the military initiative, the soldiers also receive modern copters on a regular basis, which, as the military say, become their eyes on the front line. As part of the Rinat Akhmetov’s Steel Front military initiative, Metinvest Group has supplied more than 1,200 modern copters to Ukrainian defenders.
“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. The plant specializes in high-quality steel hot-rolled coils, hot-rolled sheets, cold-rolled sheets, cold-rolled coils made of carbon and low-alloy steels, as well as steel strips, ferrous tin, and bent sections.
The main consumers of the products are producers of welded pipes, automotive, transport and agricultural machinery companies, and manufacturers of household appliances.
“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” reduced its rolled steel shipments by 16% in 4 months

Zaporizhstal steelmaker Zaporizhstal in January-April of the current year decreased shipment of rolled steel by 16.1% compared to the same period of the last year – down to 530.9 thousand tons.
According to the company, steel production fell by 10.3% to 646.5 thousand tons during this period, while pig iron production dropped by 13.6%, to 717.1 thousand tons.
In April 2023, Zaporizhstal produced 231.8 thousand tons of cast iron (in April 2022 – 69 thousand tons), 252.9 thousand tons of steel (73.6 thousand tons), shipped 205.1 thousand tons of rolled steel (68.2 thousand tons).
“The increase in production levels in April 2023 compared to the same period last year is due to the withdrawal of production facilities from forced hot mothballing, caused by full-scale military operations in Ukraine”, – explained in a press release.
It is a reminder that due to aggravation of military actions in the region, since the beginning of March 2022 Metinvest Group has put some of Zaporizhstal’s equipment into hot preservation mode. At the end of March of the same year the plant partially resumed cold-rolling shop operation for production and shipment of cold-rolled coils to European consumers. A month after the forced shutdown the mill put the equipment out of conservation and partially resumed production. Since April 2022 the mill has been working at an average of 50% capacity.
As it was reported, in January-March 2023 “Zaporizhstal” decreased shipment of rolled steel by 42.3% compared to the same period in 2022 – to 325.7 thousand tons, steel melting – by 39.2% to 393.6 thousand tons, cast iron – by 36.3%, to 485.3 thousand tons. In March, 193.6 thousand tons of iron, 184.4 thousand tons of steel were produced and 150.8 thousand tons of rolled products were shipped.
“In 2022, Zaporizhstal reduced the output of rolled steel by 60.4% to 1 million 304.3 thousand tons, steel by 61.7% to 1 million 491.3 thousand tons and cast iron by 54.3% to 2 million 9.9 thousand tons compared to 2021.
“Zaporizhstal” is one of the biggest industrial enterprises in Ukraine, which products are in great demand among the consumers on the internal market and in many countries of the world. The plant specializes in high-quality steel coils, hot-rolled plates, cold-rolled plates, cold-rolled coils from carbon and low-alloyed steels, as well as steel straps, tin plates, formed sections.
Main consumers are producers of welded pipes, enterprises of automotive, transport, agricultural engineering, producers of household appliances.
“Zaporizhstal is in the process of integration into Metinvest Group the main shareholders of which are CJSC “System Capital Management” (71.24%) and Smart Holding group of companies (23.76%).
Metinvest Holding LLC is the management company of Metinvest group.

,

“Zaporizhstal” puts another blast furnace into operation

Zaporizhstal Iron and Steel Works (Zaporizhstal) is taking its blast furnace (BF) No. 2 out of forced hot mothballing and will now operate three blast furnaces for the first time since Russia’s full-scale invasion of Ukraine.
“BF No. 2 has been in hot mothballing mode since March of last year. The commissioning of the blast furnace was preceded by thorough work to ensure sufficient production with raw materials. Today we have such a solution, which will allow to increase production, and together with this to increase deductions to state budgets and attraction of currency proceeds to the national economy”, – convinced the general director of Zaporizhstal Roman Slobodyanyuk, who is quoted by the press service.
At the same time it is reminded that in April 2022 Zaporizhstal put two blast furnaces #3 and #4 into operation after the period of hot shutdown of production facilities. During the period of forced hot shutdown of BF No.2 the specialists of Blast Furnace Shop and Engineering Services of Zaporizhstal performed a comprehensive study, maintenance and repair of the main units of the blast furnace. In particular, deep revision of mechanical and electrical equipment of the blast furnace and its air heaters has been performed, technical inspection and testing of gas cleaning equipment of the blast furnace has been carried out to ensure reliability of the unit operation in accordance with the current environmental protection legislation.
Blast furnace BF-2 is currently being blown out. The blast furnace will reach its planned production capacity in the first decade of April. By adding three blast furnaces, the daily productivity of Zaporizhstal Blast Furnace Shop will increase up to 8000 tons of iron.
Blast Furnace No.2 was taken out for hot shutdown in March 2022, as part of the forced shutdown of the enterprise due to the escalation of hostilities in the region.
As it was reported, in 2M2023 “Zaporizhstal” reduced shipment of rolled steel by 65.3%, compared to the same period last year – up to 174.2 thousand tons, steel output during this period decreased by 67.4% – to 209.2 thousand tons, iron – by 61.5%, to 291.6 thousand tons.
“Zaporizhstal” in 2022 reduced the output of rolled steel by 60.4% compared to 2021 – to 1 million 304.3 thousand tons, steel by 61.7% – to 1 million 491.3 thousand tons, cast iron – by 54.3%, to 2 million 9.9 thousand tons.
“Zaporizhstal is one of the biggest industrial enterprises in Ukraine, which products are in great demand among the consumers on the internal market and in many countries of the world. The plant specializes in high-quality carbon and low-alloy steel coils, hot-rolled plates, cold-rolled sheets, cold-rolled coils, as well as steel straps, tin plates, formed sections.
Main consumers are producers of welded pipes, enterprises of automotive, transport, agricultural engineering, producers of household appliances.
“Zaporizhstal is in the process of integration into Metinvest Group the main shareholders of which are CJSC “System Capital Management” (71.24%) and Smart Holding group of companies (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.

“Zaporizhstal” reduced rolled steel output by 65% in 2 months

Zaporizhstal steelmaker Zaporizhstal in January-February of this year decreased the shipment of rolled steel by 65.3% compared to the same period last year – down to 174.2 thousand tons.
According to the company information, steel output fell by 67.4% to 209.2 thousand tons during this period, and pig iron output dropped by 61.5% to 291.6 thousand tons.
In February 2023, Zaporizhstal produced 125.2 thousand tons of cast iron, 119.4 thousand tons of steel, shipped 99.6 thousand tons of rolled steel.
“The decrease in production level compared to the same period last year is due to the shortage of raw materials and logistical problems caused by full-scale military actions on the territory of Ukraine. In addition, due to the massive rocket attacks on the energy infrastructure and, as a consequence, the resulting shortage of capacity in the energy system, the plant has reduced production, thus reducing the consumption of purchased electricity,” the press release explains.
As we informed, in January-2023, the iron and steel plant reduced the shipment of rolled products by 74% compared to the same period last year, to 73 thousand tons, steel output declined by 72.7% to 89.9 thousand tons, iron – by 58.5%, to 166.4 thousand tons.
In December 2022, the company produced 142.1 thousand tons of iron, 70.8 thousand tons of steel, and shipped 56.7 thousand tons of rolled products.
“Zaporizhstal” in 2022 reduced the output of rolled steel by 60.4% compared to 2021 – to 1 million 304.3 thousand tons, steel by 61.7% – to 1 million 491.3 thousand tons, cast iron – by 54.3%, to 2 million 9.9 thousand tons.
“Zaporizhstal” is one of the biggest industrial enterprises in Ukraine, which products are in great demand among the consumers on the internal market and in many countries of the world. The plant specializes in high-quality steel coils, hot-rolled plates, cold-rolled plates, cold-rolled coils from carbon and low-alloyed steels, as well as steel straps, tin plates, formed sections.
Main consumers are producers of welded pipes, enterprises of automotive, transport, agricultural engineering, producers of household appliances.
“Zaporizhstal is in the process of integration into Metinvest Group the main shareholders of which are CJSC “System Capital Management” (71.24%) and Smart Holding group of companies (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.

,