In 2015 Dneprovsky Iron and Steel Works named after Dzerzhinsky is expected to increase its EBITDA almost four times YoY, to $41 million.
During 2015 the company had difficulties with raw materials and coke deliveries, which resulted in output decrease by 600 thousand tons and profits fall by $8.6 million. In 2015 the works is supposed to have produced 2.5 million tons of steel – on the level of 2014.
The staff did its best to decrease raw materials and energy carriers’ consumption, which allowed the company to save $105 million.
In 2016 DMKD plans to conduct an overhaul of its blast furnace #9.
In January-October 2015 the company received some 2.5 billion UAH of VAT reimbursement. (Ukrainian metal)