In June Dneprospetsstal decreased steel output by 10.8% MoM, to 16.4 thousand tons. Rolled metal output fell by 7.6%, to 12.6 thousand tons. The value of the goods produced in June decreased by 14.5%, to 662.9 million UAH. In January-June DSS decreased steel output by 15.8% YoY, to 107.2 thousand tons, and rolled metal –…
In May Dneprospetsstal decreased steel output by 11% MoM, to 18.4 thousand tons. Rolled metal manufacture grew by 5.4%, to 13.7 thousand tons. In January-May steel output dropped by 15.5% YoY, to 90.8 thousand tons, and rolled metal – by 14.1%, to 61.5 thousand tons. (Ukrainian metal)
This year Dneprospetsstal has faced the increased competition on world markets because of the drop of demand and imposition of limits on deliveries. According to far foreign countries sales director Konstantin Moroshkin, in the past three years the market situation was favorable. The demand for DSS products was quite high. But in 2019 the situation…
Antonov, the subsidiary of Ukroboronprom, has made amendments to the agreement with Dneprospetsstal on the purchase of metal products valued at 84.95 million UAH. In June 2015, Antonov ordered 8.9 tons of rods with the diameter of 16-140 mm made of heat-resistant stainless steel valued at 1.42 million UAH. In 4 years, the conditions of…
On May 7, the sales department of Dneprospetsstal held a meeting with the Energosteel Plant LLC representatives. The parties have reached an agreement on the supplies of a trial batch of 200 tons of milling balls in May. The company is interested in supplying balls with the diameter of 80 mm, the monthly sales of…
The supervisory board of Dneprospetsstal at the meeting on April 24 relieved the acting chairman Vitaly Korniyesvky of his duties from April 30. Sergey Kiyko, the first deputy, financial director, has been appointed a new acting chairman from May 1. Moreover, on April 23, shareholders completely changed the revision commission. Instead of Crascoda Holdings Limited…
In 2018 Dneprospetsstal received 428.45 million UAH of net losses as opposed to 61.02 million UAH of net profit in 2017. The uncovered losses as of the end of 2018 totaled 2.35 billion UAH. The company current liabilities dropped by 56.9%, to 2.12 billion UAH. At the same time fixed liabilities grew 2.9-fold, to 4.73…
In February Dneprospetsstal increased steel output by 15.5% MoM, to 16.803 thousand tons. According to the company statement, rolled metal manufacture dropped by 6.1%, to 10.742 thousand tons. In 2 months DSS produced 31.351 thousand tons of steel and 22.183 thousand tons of rolled metal, down by 24.7% and by 20.4% YoY respectively. (Ukrainian metal)
