Business news from Ukraine

Business news from Ukraine

“Zaporizhstal” cuts output of rolled steel by 74%

Zaporizhstal steelmaker Zaporizhstal in January this year decreased steel shipments by 74% y-o-y, to 73 thsd. tons.
According to the company, steel output fell by 72.7% to 89.9 thousand tons during this period, and iron output decreased by 58.5% to 166.4 thousand tons.
In December-2022, the steel plant produced 142.1 thousand tons of pig iron, 70.8 thousand tons of steel, shipped 56.7 thousand tons of rolled steel.
“The decrease in production levels compared to the same period last year is due to the shortage of raw materials and logistical problems caused by full-scale military action in Ukraine. In addition, due to missile attacks on the energy infrastructure, there was a shortage of capacity in the national energy system, as a result of which the plant reduced production, thus reducing the consumption of purchased electricity,” the press release explains.
As it was reported, in 2022 “Zaporizhstal” decreased the production of rolled steel by 60.4% compared to 2021 – up 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 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.

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“Zaporizhstal” reduced rolled steel output by 60.4%

Zaporizhstal Iron and Steel Works “Zaporizhstal” in 2022 reduced the production of rolled steel by 60.4% compared to 2021 – down to 1 million 304.3 thousand tons.
According to the company’s information, the steel output fell by 61.7% to 1 million 491.3 thousand tons over this period, and iron output decreased by 54.3% to 2 million 9.9 thousand tons.
In December 2022, the steel plant produced 142.1 thousand tons of cast iron, 70.8 thousand tons of steel, shipped 56.7 thousand tons of rolled steel.
“The decline in production levels compared to the same period of the previous year is due to the shortage of raw materials and logistical problems caused by full-scale military action in Ukraine. In addition, due to the massive rocket attacks on the energy infrastructure and, as a consequence, the lack of capacity in the energy system, the plant reduced production, thus reducing the consumption of purchased electricity,” the press release explains.
As it was reported, Zaporizhstal in 2021 kept the output of rolled steel at the level of 2020 – 3.204 million tons, reduced steel production by 0.1% – to 3 million 778.25 thousand tons and increased the iron – by 0.1%, to 4 million 473.5 thousand tons.
“Zaporizhstal is one of the biggest industrial enterprises in Ukraine, which products are in great demand among domestic and foreign consumers. 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.

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“Zaporizhstal” reduced output of rolled steel by 58.5%

Zaporizhstal steelmaker Zaporizhstal in January-November this year decreased the output of rolled steel by 58.5% compared to the same period last year to 1 million 247.2 thousand tons.
According to the company’s information on Thursday, steel production fell by 60% to 1 million 420.5 tons over that period, and iron production decreased by 53.1% to 1 million 867.8 thousand tons.
In November this year, the company produced 143.9 thousand tons of iron, 85.8 thousand tons of steel, shipped 74.4 thousand tons of rolled steel, while in the previous month – 157 thousand tons of iron, 121.8 thousand tons of steel, shipped 101.3 thousand tons of rolled steel.
“The decline in production levels compared to the same period last year is due to the shortage of raw materials and logistical problems caused by full-scale military action in Ukraine. In addition, due to the ongoing missile attacks on the energy infrastructure and, as a consequence, the resulting shortage of capacity in the energy system, the plant reduced production, thus reducing the consumption of purchased electricity,” the press release explains.
As it was reported, in 2021 “Zaporizhstal” kept the output of rolled steel at the level of 2020 – 3.204 million tons, reduced steel production by 0.1% – to 3 million 778.25 thousand tons and increased the iron – by 0.1%, to 4 million 473.5 thousand tons.
“Zaporizhstal is one of the biggest industrial enterprises in Ukraine, which products are in great demand among domestic and foreign consumers. 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.

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Zaporizhstal has reduced production of rolled products by 57%

Zaporizhzhya Iron and Steel Works “Zaporozhstal” in January-October of this year reduced the production of rolled products by 57% compared to the same period last year – to 1 million 172.2 thousand tons from 2 million 725.4 thousand tons.
According to the information of the enterprise, steel production during this period decreased by 58.5% – to 1 million 334.8 tons from 3 million 216.2 thousand tons, pig iron – by 52.3%, to 1 million 723.8 thousand tons from 3 million 613.4 thousand tons.
In October this year, the steel plant produced 157 thousand tons of pig iron, 121.8 thousand tons of steel, shipped 101.3 thousand tons of rolled products.
“The decline in production compared to the same period last year is associated with a shortage of raw materials and logistical problems caused by full-scale military operations on the territory of Ukraine. In addition, due to massive missile attacks on energy infrastructure facilities and, as a result, the resulting shortage of power in the energy system The plant has reduced production, thus reducing the consumption of purchased electricity,” the press release explains.
At the same time, it is recalled that in connection with the aggravation of hostilities in the region since the beginning of March, the Metinvest group has transferred part of the Zaporizhstal equipment to the hot conservation mode. At the end of March, the plant partially resumed the work of the cold rolling shop for the production and shipment of cold rolled coils to the European consumer. A month after the forced stop, he took the equipment out of conservation and partially resumed production. Since April 2022, Zaporizhstal has been operating at an average of 50% of its capacity.
As reported, in 2021 Zaporizhstal maintained the production of rolled products at the level of 2020 – 3.204 million tons, reduced steel production by 0.1% – to 3 million 778.25 thousand tons and increased pig iron – by 0.1%, to 4 million 473.5 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. The plant specializes in high-quality hot-rolled steel coil, hot-rolled sheet, cold-rolled sheet, cold-rolled coil made of carbon and low-alloy steels, as well as steel strip, black tin, bent profile.
The main consumers of products are manufacturers of welded pipes, enterprises of automotive, transport, agricultural engineering, manufacturers of household appliances.
Zaporizhstal is in the process of integrating into the Metinvest group, the main shareholders of which are PJSC System Capital Management (71.24%) and the Smart Holding group of companies (23.76%).
Metinvest Holding LLC is the management company of the Metinvest group.

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“Zaporizhstal” in 8 months. reduced rental production by 56%

In January-August of this year, the Zaporizhia metallurgical plant “Zaporizhstal” reduced the production of rolled products by 56.3% compared to the same period last year – to 981.6 thousand tons.
According to the company’s information on Friday, steel smelting during this period decreased by 58.3% – to 1 million 106.1 thousand tons, iron – by 51.7%, to 1 million 418.2 thousand tons.
In August of this year, the steel mill produced 145.6 thousand tons of pig iron (36.4% by August-2021), 94.4 thousand tons of steel (27.8%), 74.7 thousand tons of rolled steel (26.6% ) ).
“The decrease in the level of production compared to the same period last year is related to the shortage of raw materials and logistical problems caused by full-scale military operations on the territory of Ukraine,” the press release explains.
At the same time, it is recalled that in connection with the escalation of hostilities in the region, since the beginning of March, the “Metinvest” group has transferred part of the equipment of the “Zaporizhstal” plant to hot preservation mode. At the end of March, “Zaporizhstal” partially resumed the operation of the cold-rolled shop for the production and shipment of cold-rolled coils to the European consumer. A month after the forced shutdown, the plant took the equipment out of conservation and partially resumed production. Since April 2022, the plant has been operating at an average of 50% of its capacity.
As reported, Zaporizhstal in 2021 kept the production of rolled products at the level of 2020 – 3.204 million tons, reduced steel production by 0.1% – to 3 million 778.25 thousand tons and increased pig iron – by 0.1%, to 4 million 473.5 thousand tons.
“Zaporizhstal” is one of the largest industrial enterprises of Ukraine, the products of which have a wide demand among consumers both in the domestic market and in many countries of the world. The plant specializes in high-quality steel g/k roll, g/k sheet, cold-rolled sheet, h/k roll made of carbon and low-alloy steels, as well as steel strip, black tin, bent profile.
The main consumers of the products are manufacturers of welding pipes, enterprises of automobile, transport, agricultural engineering, and manufacturers of household appliances.
“Zaporizhstal” is in the process of integration into the “Metinvest” group, the main shareholders of which are PJSC “System Capital Management” (71.24%) and the group of companies “Smart-holding” (23.76%).
“Metinvest Holding” LLC is the management company of the “Metinvest” group.

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ZAPORIZHSTAL IMPROVES QUALITY OF PRODUCTS DUE TO TECHNOLOGY IMPROVEMENT, TO REDUCE DEFECTS BY 15-30%

Zaporizhstal is improving the quality of its metal products due to the improvement of the production process technology.
According to the enterprise, in particular, new conditions have been established in the steelmaking shop for the steelmaking technology. In June, metallurgists began smelting metal on their own carbon, which makes it possible to stabilize metal in molds, as well as reduce the risks of producing metal with increased oxidation in molds. In turn, this will also save on deoxidizers fed into the ladle.
“We found out that this is what has a direct impact on whether we get certain types of defects when rolling metal. We conducted several test melts of steel and decided to apply this technology to some steel grades,” Andriy Riaznov, head of the technical control department, explained.
The use of this steelmaking technology has led to a significant reduction in the formation of defects. This decision is expected to lead to a reduction in the number of nonconforming products by approximately 15-30%.
“So far, we have just started working on this technology, but we are already seeing a positive result. According to preliminary data, the number of nonconforming products was reduced by 15% in June,” Riaznov said.
Zaporizhstal is one of the largest industrial enterprises in Ukraine, the products of which are in great demand among consumers in the internal market and in many countries of the world. The plant specializes in high quality hot-rolled steel, hot-rolled sheet, cold-rolled sheet, cold-rolled coil of carbon and low-alloy steels, as well as steel tape, black sheet, and a bent profile.

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