Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, reduced rolled steel production by 61.2% year-on-year to 35.8 thousand tons in January-October this year.
According to a report in DCH Steel’s corporate newspaper on Thursday, the company did not produce rolled steel in October, selling products made in previous periods. At the same time, the company shipped 2.1 thousand tons of rolled steel last month, while in October 2023 it produced 9.2 thousand tons.
“In October, rolling shop No. 1 drilled holes in rails before shipping them to customers. Rolling Shop No. 2 was preparing for a new rolling campaign, which is scheduled to start on November 11,” the company said in a statement.
Coke production for 10 months of 2024 decreased by 1.2% to 242.6 thousand tons. In October, coke production increased by 1.9% month-on-month to 24.5 thousand tons. In October 2023, 26.5 thousand tons of metallurgical coke were produced.
As reported, in 2023, DMZ increased its rolled metal output by 86.2% compared to 2022, up to 105.6 thousand tons, and coke output by 38.5%, up to 292.7 thousand tons.
In 2022, the plant reduced rolled steel production by 74.2% compared to 2021, to 58.4 thousand tons, and coke production by 56.3%, to 211.3 thousand tons.
DMZ specializes in the production of steel, pig iron, rolled products and products made from them.
On March 1, 2018, DCH Group signed an agreement to buy Dnipro Metallurgical Plant from Evraz.
