The Industrial Union of Donbass has named the manufacturing and financial losses of its Alchevsk and Dneprovsky Iron and Steel Works, as well as EU steel works due to the railroad blockade in the ATO zone.
According to ISD, on February 13, Alchevsk Works, Alchevskkoks and Ecoenergia stopped operating. The companies stopped producing pig iron, steel, rolled metal, coke and electric energy.
Because of the forced idleness on February 13-20, Alchevsk Works did not produce 48.8 thousand tons of pig iron, 53 thousand tons of steel, 34 thousand tons of slabs, 15 thousand tons of rolled metal and 44 thousand tons of coke. Nor could the company deliver $13.8 million worth of slabs to European customers and $7.4 million worth of rolled metal.
Moreover the works was not able to supply 25 thousand tons of coke to Dneprovsky Iron and Steel Works, which resulted in the significant drop of output there.
In its turn, Dneprovsky Works did not produce 52 thousand tons of pig iron and 54.7 thousand tons of square billets, nor supplied this billet valued at $20 million to foreign markets.
“Dneprovsky Works is on the brink of being shut down, as it directly depends on metallurgical coke deliveries from Alchevsk. After the complete halt of the AMK and Alchevskkoks and taking into account the unstable operation of the whole number of coke enterprises, Ukraine now is in the critical situation with providing metal companies with coke”, ISD said.
The corporation has called on all the parties concerned to stay away from the military intervention into the operation of industrial companies. (Ukrainian metal)
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