Dneprovsky Iron and Steel Works has finished all repair works and is preparing to resume operation after a 7-month pause. DCH program presupposes investments of $300 million during 5 years in DCH Steel (DMZ and Sukhaya Balka). After repair, the works is gradually launching the operation of its blast furnace, oxygen-converter and rolling shops. DMZ…
Dneprovsky Iron and Steel Works is not operating and is carrying out reconstruction. In particular, the company has announced a purchase of services on the disassembly of out-of-work objects (metal structures, machinery, pipelines, etc). The work has to be carried out in 2020. (Ukrainian metal)
In 2019, Dneprovsky Iron and Steel Works received a net loss of 1.284 billion UAH, as opposed to a net profit of 2.946 billion UAH in 2018. The next shareholders meeting is expected to decide on covering 2019 losses with current income of 2020-2021. The meeting will also have to decide on the sale of…
In 2019 Dneprovsky Iron and Steel Works decreased rolled metal output by 43% YoY, to 449 thousand tons. Steel manufacture dropped by 44.5%, to 511 thousand tons, and pig iron – by 44.5%, to 492 thousand tons. In December 2019 the company did not produce steel and pig iron, and manufactured only 5 thousand tons…
In January-November Dneprovsky Iron and Steel Works decreased rolled metal output by 37.3% YoY, to 444 thousand tons. Steel manufacture dropped by 38.3%, to 511 thousand tons, and pig iron – by 38.4%, to 492 thousand tons. In November only rolled metal was manufactured (some 10 thousand tons). (Ukrainian metal)
Dneprovsky Iron and Steel Works has finished the capital repairs of its coke-oven battery No. 5 and switched to battery No. 4. In spring 2020 repair will start at the first and second complexes of coke-oven batteries, planned to be finished in December 2020. Investments will reach $13 million. Coke output will grow by 26%,…
In October Dneprovsky Iron and Steel Works decreased steel output 6.7-fold MoM, to 7 thousand tons. Pig iron manufacture fell 6.8-fold, to 7 thousand tons. October is the first month when DMZ is working in a new mode. From October 5 the company partially shut down its main shops in preparation for a large-scale modernization.…
The rolling capacities of Dneprovsky Iron and Steel Works are fully loaded. “We have not shut down the manufacture. We go on producing”, DCH owner Alexander Yaroslavsky declared. According to him, DMZ manufactures wares of semi-finished products purchased on free market. Metinvest is one of the suppliers. As to the blast furnace and steel smelting…
Dneprovsky Iron and Steel Works, a part of DCH Steel, in January-September decreased rolled metal output by 23.9% YoY, to 418 thousand tons. Steel manufacture dropped by 24.4%, to 504 thousand tons, and pig iron – by 24.5%, to 485 thousand tons. In September the company produced 37 thousand tons of rolled metal, 47 thousand…
From October 5 Dneprovsky Iron and Steel Works will shut down a part of its main shops in order to modernize them. “A number of major investment projects is planned at the works. We repair and modernize the manufacture to decrease footprint”, DCH Steel and DMZ CEO Vitaliy Bash said. The DCH investment program to…
Vitaliy Bash has been appointed a new general manager of Dneprovsky Iron and Steel Works, a part of DCH. He is also the director of the Sukhaya Balka mine and the managing company DCH Steel. The decision to appoint one person to manage three assets has to do with the need to provide for coordinated…
Since 2016 Dneprovsky Iron and Steel Works has invested 329 million UAH in environment-protection measures. As a result, air pollution decreased by 25%. According to DCH, the owner of the plant, this is the best result among Ukrainian metal companies. The company employs some 4.5 thousand people, with 80% of them living nearby. In 2018…