7 metal companies halted
Due to the problems with raw materials delivery 7 mining-metallurgical companies, situated in the East of Ukraine, have halted their operation.
Donetsk Electrometallurgical Plant working again
On September, 23rd, DEMZ started working again. In August Mechel sold DEMZ to Vadim Vishnevskiy for 2 thousand euros. The buyer also has to pay all the DEMZ debts ($81 million) to Mechel. Varshavskiy bought DEMZ in 2008 for $700 million, but couldn’t return the credit and the Plant was taken by Alfa-bank. In May…
Donetsk Electrometallurgical Plant ups output by 43.4% in January-October
Donetsk Electrometallurgical Plant (DEMZ), which is part of the Mechel group, boosted finished roll output by 43.4% YoY in January to October to 839,000 tons.Steel output increased by 36.8% to 858,000 tons. The plant produced 91,000 tons of roll and 92,000 tons of steel in October.DEMZ received 93,000 tons of scrap metal in October instead…
DEMZ quadruples steel smelting volume in January
It is reported that Donetsk Electrometallurgical Plant (DEMZ) in January increased its steel smelting volume four times compared to the same period of last year to 88,600 tons.DEMZ has continued to increase its hot-rolled steel product output both from its own steel as well as from steel bars supplied by Chelyabinsk Iron and Steel Works…
DEMZ ups steel output in 10 months by 45% YoY
It is reported that Donetsk Electrometallurgical Plant (DEMZ) in January to October increased its steel smelting volume by 45% YoY to 626,600 tons.According to the company, since April it has been operating at stable levels, with its steel output amounting to an average of 87,200 tons per month, which corresponds to its designed capacity. In…
DEMZ invests UAH 15 million in production upgrade
It is reported that the Donetsk Electrometallurgical Plant, the mini-mill previously known as ISTIL, is resuming its investment projects and plans in 2010 to invest UAH 15 million in production upgrades.Accordingly, DEMZ has placed a UAH 3.5 million order with equipment producer Vesuvius for the supply of calibrated nozzle changers, the installation of which will…
DEMZ targets full capacity operation in May
Donetsk Electrometallurgical Plant (DEMZ) has announced that in April this year it has increased its steel smelting volume by 6.4 times compared to March to 61,000 tons which is also 2.5 times higher compared to the same period last year.Accordingly, in April this year DEMZ exceeded its original production target for the month in question…
DEMZ restarts production after one month stoppage
Donetsk Electrometallurgical Plant, previously known as ISTIL, has announced that, following a one month stoppage, on April 10th it restarted its production operations at its electric arc furnace shop.According to the company statement, in April this year DEMZ is planning to produce up to 50,000 tons of continuous cast billet, which will be exported to…