Ukraine: Electrostal still idle

Electrostal has been idle since December 2020. In Q1 2020, it produced 29 thousand tons of metal. The company did not operate from January 2020 till mid-March 2020, but then partially resumed operation. After that the company has been operating at the third of its capacity or even less. (Ukrainian metal)

Ukraine: Electrostal idle for two months

In January, Electrostal (Kurakhovo, Donetsk region) didn’t produce anything, while in January 2020, 3 thousand tons of billets were produced. In December 2020, the enterprise was also idle, while in November 2020 it produced 2 thousand tons and in October 2020 – 10 thousand tons. Electrostal was idle in January-March 2019 and October 2019. The…

Ukraine: Electrostal output up in Q1 2020

In January-March, Electrostal (Kurakhovo, Donetsk region) produced 29 thousand tons of continuous-cast billets. In Q1 2019, the company was idle. In March, output totaled 16 thousand tons. Since March 2019 the company has been working at a third of its capacity. In October 2019, it was also idle. Thus, in 2019 output decreased 3.5-fold YoY,…

Russia: Electrostal to increase sales

This year, Electrostal intends to increase the number of its subsidiaries – now it has eight. “We prepare the ninth. Sales are expected to increase by 20%. We try to make sure that prices in our subsidiaries are 20-30% below market prices. This is achievable, as we are working without middlemen”, the company CEO Nikolay…

Ukraine: Electrostal output down in 2019

In 2019 Electrostal decreased continuous-cast billet output 3.5-fold YoY, to 83 thousand tons. In December 2019 the company produced 7 thousand tons of billets, in November 2019 – 3 thousand tons and in September 2019 – 1 thousand tons. In January-March 2019 Electrostal did not operate, but then partially resumed operation, working at one third…

Ukraine: Electrostal idle in October 2019

In January-October Electrostal decreased continuous cast billet manufacture almost 4-fold YoY, to 73 thousand tons. In January-September output dropped 3.3-fold. Since then the company has not produced anything. In October the works was idle. In September 1 thousand tons of billets were produced, and then the company ceased operation due to unfavorable situation on metal…

Ukraine: Electrostal shut down

In September Electrostal produced 1 thousand tons of billets and once again shut down its manufacture because of the unfavorable market situation. In January-September output decreased 3.3-fold YoY, to 73 thousand tons. From January till mid-March the company was idle, but after it resumed operation it worked only at one third of its capacity, In…

Ukraine: Electrostal resumes operation

In March Electrostal (Kurakhovo, Donetsk region) resumed operation having produced 11 thousand tons of continuous cast billet. In January-March the enterprise was idle, while in Q1 2018 it produced 71 thousand tons of billets. The reason for the company downtime was the growth of ferrous scrap prices, which made billets manufacture unprofitable. In 2018 Electrostal…