Dneprovsky Iron and Steel Combine is continuing its capital repair of machinery, having spent, in particular, 17 million UAH on the repair of the AKAR-40/35 air separator unit in the oxygen-compressor shop. The repair started in July, and is still underway. The machine will be put into operation in late August. At the same time…
Metinvest has laid claims to Dneprovsky Iron and Steel Works. On July 5 the Commercial Court of the Dniepropetrovsk region initiated the bankruptcy procedure of DMK. Metinvest is one of the suppliers of raw materials to DMK. “We have for a long time tried to settle with ISD (Industrial Union of Donbass, owner of DMK)…
On July 22 an employee perished at the Dneprovsky Iron and Steel Combine.
This is the second accident this year.
The accident happened in the blast furnace shop.
The employee worked for a subcontracting organization.
The previous accident happened on February 18. (Ukrainian metal)
The Dneprovsky Iron and Steel Combine problems could result in it suspending operation. The company debt burden is 83 billion UAH. Such a debt was accumulated due to the Industrial Union of Donbass (ISD) shareholders using various grey schemes, as well as a number of strategic mistakes. In particular, ISD was not able to construct…
In spite of the initiation of a bankruptcy case, Dneprovsky Iron and Steel Combine intends to operate in normal mode and have no delays. The bankruptcy case was initiated by the Commercial court of the Dniepropetrovsk region on May 31. According to the legislation, under such circumstances the company has limited ability to provide social…
In January-April, Dneprovsky Iron and Steel Combine produced 833 thousand tons of rolled metal, up by 6.6% YoY. Steel manufacture grew by 3.9%, to 878 thousand tons, while that of pig iron dropped by 11.2%, to 785 thousand tons. In April, DMK produced 244 thousand tons of rolled metal, 251 thousand tons of steel and…
In March, Dneprovsky Iron and Steel Combine produced 231.404 thousand tons of metal, up by 1.2% from the target. The works also produced 346.741 thousand tons of sinter (+3.5%), 202.638 thousand tons of pig iron (+4.3%) and 227.905 thousand tons of steel (+0.8%). The rolling shop manufactured 60.509 thousand tons of metal, with pipe site…
On February 18, a body of a hearth man was found near the blast furnace 9 controls at the Dneprovsky Iron and Steel Combine.
The man was 47 years old.
“Emergency arrived at the site, but after some time had to state the death of the person”, the company reported.
Investigation is underway. (Ukrainian metal)
In January Dneprovsky Iron and Steel Combine produced 54 thousand tons of rolled metal, up by 20.7%. The pipe-billet mill output grew by 12.2%, to 5.6 thousand tons, the mill-400/200 – by 17.7%, to 41.5 thousand tons, and the ball-rolling mill by 22.4%, to 5.4%. Last month the enterprise produced 292.4 thousand tons of sinter,…
This year Dneprovsky Iron and Steel Combine intends to master the manufacture of 6 new types of products, in particular, the wire rods for steel ropes and welding wire, 6 sizes of rebars, and SG2 continuous cast billet. Last year the company mastered the manufacture of 7 new types of rolled metal to increase its…
Dneprovsky Iron and Steel Combine intends to attract a loan of $30 million from the state-owned Oschadbank. The issue will be discussed at the shareholders meeting on February 25. The loan will be attracted in UAH, US dollars and euros for 3 years. The interest is not more than Dneprovsky Iron and Steel Combine24% for…
In January Dneprovsky Iron and Steel Combine produced 230 thousand tons of rolled metal, down by 2.1% YoY. Steel output dropped by 4.7%, to 223 thousand tons, and pig iron – by 17.2%, to 207 thousand tons. In December 2018 DMK produced 204 thousand tons of rolled metal, 221 thousand tons of steel and 22…
Dneprovsky Iron and Steel Combine intends to start a large-scale project to reconstruct its sintering factory to decrease air pollution. “We are starting designing gas-purification systems. We will need 2-3 years to complete the project. We are not the pioneers in the field. We have an example – Zaporizhstal. They were able to decrease dust…
In 2018 Dneprovsky Iron and Steel Combine increased rolled metal output by 81.5% YoY, to 2.41 million tons. According to the company press-service, steel manufacture grew by 77%, to 2.413 million tons, and pig iron – by 85.3%, to 2.461 million tons. In December 2018 DMK produced 204 thousand tons of rolled metal, 221 thousand…
Dneprovsky Iron and Steel Combine will carry out capital repairs of its converter No. 1 The waste-heat boiler has almost been disassembled, and the subcontractors have started disassembling a coffer. At the same time a new waste-heat boiler is being assembled. All the technical documentation has been received. Some 200 employees work at the site…
Dneprovsky Iron and Steel Combine has started capital repairs of the converter No. 1 with the replacement of the waste-heat boiler. The length of the repair is expected to be 55 days, while usually it takes 80 days. The repair will be carried out under an agreement to improve environment in town of Kamenskoye. The…
Artem Nazim, the ex-chief accountant of Dneprovsky Iron and Steel Combine, has been appointed to the same office at Dneprovsky Iron and Steel Works. Olga Zaremba, who has been the DMZ chief accountant for two months, has been relieved of her duties from October 21. Instead of Nazim, the chief accountant at DMK is now…
Dneprovsky Iron and Steel Combine decided to construct a new blast furnace. “We’re starting designing a new blast furnace. Our blast furnaces are very old. Thus, to replace the furnace No. 8, which has already been shut down, we will design and construct a new furnace”. The company CEO Alexander Podkorytov said. He did not…
Dneprovsky Iron and Steel Combine, a part of the Industrial Union of Donbass, and the authorities of the city of Kamenskoye have signed a memorandum of cooperation to improve environment. The document has been signed by the city mayor Andrey Belousov and the company CEO Alexander Podkorytov. DMK is actively participating in the infrastructure development.…
Dneprovsky Iron and Steel Combine, a part of the Industrial Union of Donbass, is increasing the salary of its employees by 25-30%.
According to the company statement, the salary increase follows the order of the CEO Alexander Podkorytov.
From April 1 the salary has been increased by 23%. (Ukrainian metal)
In January Dneprovsky Iron and Steel Combine increased rolled metal output by 73% YoY, to 235 thousand tons. According to the company statement, steel output grew by 78.6%, to 234 thousand tons, and that of pig iron – by 95.3%, to 250 thousand tons. In December 2017 DMK produced 233 thousand tons of rolled metal,…
The special commission on environment issues of the city of Kamenskoye has visited Dneprovsky Iron and Steel Combine and checked the measures to decrease pollution. The commission was created last autumn after numerous complaints of citizens on the worsening of the ecological situation, including considerable volumes of pollution from the combine after it resumed operation.…
Last year the Commercial court of Dniepropetrovsk region ordered to arrest accounts of Dneprovsky Iron and Steel Combine. DMK appealed. On January 2 the court satisfied the company claim. Dneprovsky Iron and Steel Combine was a part of Industrial Union of Donbas (ISD), created in 1995. In May 2017 it was confirmed that DMK was…
In January-November Dneprovsky Iron and Steel Combine produced 1.095 million tons of rolled metal, down by 37.7% YoY. According to a company representative, steel output dropped by 35.9%, to 1.128 million tons, pig iron – by 37.8%, to 1.087 million tons. In November DMK produced 225 thousand tons of rolled metal, 237 thousand tons of…