Business news from Ukraine

Business news from Ukraine

“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.

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“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.

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“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.

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“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.

“Zaporizhstal” purchased respirators for gas rescuers for UAH 6 mln

Zaporizhstal Iron and Steel Works will save UAH 1.6 million by implementing one of its rationalization proposals in the sinter shop for the use of used equipment.

According to the company, Zaporizhstal employees continue to generate effective rationalization ideas and implement them in production, receiving additional remuneration for this, and the company receives additional savings.

“This time we are talking about the Proposal Submission System (PSS) in the sinter shop. Here, specialists have found a solution to save money on the production of bandages for coke oven rolls. Instead of purchasing billets for their production, the sinter plant proposed to use the used backup rolls of the BTS-1680 continuous thin-sheet mill in the hot strip mill shop. One such roll will replace two billets,” the company explains.

According to preliminary estimates, the savings will amount to more than UAH 1.6 million per year.

Another press release reports that Zaporizhstal has purchased 20 modern breathing protective apparatus for specialists working in gas-hazardous work areas, as well as a device for testing breathing apparatus. The company allocated about UAH 6 million for these purposes.

It is specified that DEZEGA’s P-30EX compressed oxygen isolating regenerative respirators will provide comfortable and safe working conditions for gas rescue specialists. This is the lightest and most reliable breathing protective apparatus certified by the State Emergency Service of Ukraine and compliant with European standards.

Twenty sets of modern breathing apparatus will replace the previous generation of protective equipment and ensure safe work in gas-hazardous areas of the sinter and blast furnace processing and other units.

The breathing apparatuses provide autonomous operation for up to four hours and are equipped with signaling devices. To check the serviceability of the new breathing apparatus, the plant purchased an additional modern DEZEGA CheckUp device. The device is connected to the apparatus and automatically checks the technical condition of the protective equipment. The results of a thorough check of the breathing apparatus are displayed on the station’s electronic display, and in case of deviations from the norm or the slightest malfunctions, the devices are serviced or calibrated to the design parameters.

“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.