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.
