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…
In January-April, Dneprovsky Iron and Steel Works produced 190 thousand tons of rolled metal, down by 30% YoY. The output of steel dropped also by 30%, to 226 thousand tons, and of pig iron – by 31%, to 216 thousand tons. In April, DMZ produced 45 thousand tons of rolled metal, 61 thousand tons of…
The Antimonopoly Committee of Ukraine has fined DCH Group for 58 million UAH for the violation of the economic competitiveness protection legislation while purchasing Dneprovsky Iron and Steel Works shares from Evraz, but still allowed the concentration. The committee has studied the case of DCH buying the DMZ and fined the former for buying the…
From now on DCH Steel Management will manage the operation of both Sukhaya Balka and Dneprovsky Iron and Steel Works. Still, this is not enough to make a full vertically integrated mining and metallurgical group. Coal mining and ore processing are the group’s weak links. In 5 years DCH intends to invest $150-200 million in…
Dneprovsky Iron and Steel Works will host an extraordinary meeting of the shareholders on February 25. The meeting will start at 10 a. m. DMZ manufactures steel, pig iron, rolled metal and wares. In 2011 it was merged with Dneprokoks. (Ukrainian metal)
On February 25 the meeting of the shareholders of the Dneprovsky Iron and Steel Works will approve attracting a loan of 30 million UAH from Oschadbank. Most probably the money will be spent to finance the construction of the continuous casting machine. The project was announced back in 2017. This is the largest investment project…