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,…