Zaporizhstal decided to attract $18 million from Ukrgazbank. The decision has been taken at an extraordinary meeting of the shareholders. The shareholders have approved of taking a loan of $18 million for 5 years with the interest rate of 7% to 9%. The company CEO Rostislav Shurma, or an individual acting as a CEO, has…
In January Zaporizhstal decreased steel output by 2.5% YoY, to 354.1 thousand tons. According to the company press-service, pig iron manufacture dropped by 6.1%, to 369.9 thousand tons, and rolled metal – by 4.1%, to 289.9 thousand tons. Last year Zaporizhstal produced 4.105 million tons of steel, 4.386 million tons of pig iron and 3.537…
Zaporizhstal investment in the rolling stock modernization is 50 million UAH. “The shortage of the rolling stock is one of the issues for the whole Ukrainian industry, which has not been solved by the government after so many years. We have found an economically viable solution for ourselves, when we remotorized our first locomotive back…
In 2018 Zaporizhstal increased steel production by 4.6% YoY, to 4.105 million tons. According to the company statement, pig iron manufacture grew by 15.6%, to 4.386 million tons, and rolled metal – by 10%, to 3.537 million tons. In December 2018 Zaporizhstal produced 358 thousand tons of pig iron, 344.1 thousand tons of steel and…
Zaporizhstal held an extraordinary meeting of shareholders. The only issue discussed was the borrowing of $18 million from the state-owned Ukrgazbank. The shareholders voted to authorize the CEO of the company Rostislav Shurma to sign a loan agreement with the bank for 5 years with the interest rate of 7%. Zaporizhstal will pledge its assets…
In 2018 Zaporizhstal increased the shipping of its metal products via river transport to 674 thousand tons from 573 thousand tons last year. The key customers are Turkey, Macedonia, Bulgaria and Serbia. Zaporizhstal resumed partnership with the Zaporozhye River Port in October 2012. Since then it has shipped some 3.7 million tons of metal by…
Zaporizhstal has put into operation the blast furnace No. 4 after capital repairs.
Investments in the project totaled some 100 million UAH.
The repair lasted for 15 days.
The capacity of the blast furnace is 1.1 million tons of pig iron per year. (Ukrainian metal)
In November Zaporizhstal produced 330.7 thousand tons of steel, up by 10.1% YoY. According to the company statement, pig iron output grew by 7.8%, to 341.7 thousand tons, and rolled metal – by 44.6%, to 269.3 thousand tons. In January-November the company increased steel manufacture by 5.4% YoY, to 3.762 million tons, pig iron –…
Zaporizhstal intends to attract a loan of $18 million from Ukrgazbank. The extraordinary meeting of the shareholders will decide on the issue. The loan will be attracted for the period of not more than 5 years, with the interest rate of 7% to 9%. The meeting will order the CEO Rostislav Shurma or another person,…
Energomashspetsstal has won a tender to supply 377 tons of rolls to Zaporizhstal. According to the company statement, the new agreement was signed following the tender held in November. Next year EMSS will produce 16 vertical and back up rolls for cold- and hot-rolling mills. The rolls will be shipped by installments according to the…
In April-May 2019 Zaporizhstal will complete the preparation of the site for the construction of the oxygen-converter shop. According to CEO Rostislav Shurma, the company is also constructing a 2.5km road. The construction of the shop has been entrusted to Metinvest Engineering. At present some 50 machines are operating at the construction sites. The CEO…
Zaporizhstal has successfully passed the quality management system audits for the correspondence to the international standards.
Bureau Veritas Certification Ukraine LLC awarded the company a new quality certificate.
Moreover, the European Fund for Quality Management also audited the company.
Zaporizhstal has become the best Ukrainian company according to the fund. (Ukrainian metal)
On November 16, on the day of its 85 years, Zaporizhstal received conformation of its records entered into the National project of records of Ukraine. This is the reconstruction of the blast furnace No. 3 and the environment initiative “Save the Dnepr Together”. The reconstruction lasted for 8 months, while usually it lasts for 1.5…
In January-October Zaporizhstal increased payments to budgets of all levels by 29% YoY, to 3.2 billion UAH. According to the company statement, payments to local budgets grew from 505 million UAH to 574 million UAH. The increase in tax payments is due to the growth of salary at the company. Thus, as of October the…
In October Zaporizhstal produced 329.5 thousand tons of steel, down by 2.3% YoY. According to the company statement, pig iron manufacture dropped by 0.9%, to 369.1 thousand tons, while that of rolled metal grew by 8.4%, to 286.9 thousand tons. In January-October steel output increased by 5% YoY, to 3.431 million tons, pig iron –…
Zaporizhstal has hosted the 45th edition of the international scientific and technical conference. 300 young specialists from Ukrainian metal and mining companies, scientific centers, high schools and foreign metal companies participated in the event. They presented their reports and innovative ideas in 11 sections: sinter-blast furnace, steel smelting, metal rolling, social and youth politics, environment…
A set of hi-tech measures allowed Zaporizhstal considerably decreasing the terms of ecological reconstruction of the blast furnace No. 3 – from 2 years to 8 months. According to the company capital construction and investments director Alexei Lebedev, BIM-technologies helped unite 15 thousand two-dimensional drawings, remove over 11 thousand errors at the design stage and…
Sergey Rozhok has been appointed the financial director of Zaporizhstal. Previously he has worked for PWC and Syngenta. According to the company statement, his task is to improve operational efficiency of the enterprise, strengthen the company positions on the market and continue implementing the program of environmental modernization. Natalia Mikhayskaya, who has been acting financial…
In January-September Zaporizhstal produced 3.102 million tons of steel, up by 5.8% YoY. According to the company statement, pig iron manufacture grew by 21.1%, to 3.318 million tons, while that of rolled metal – by 9.8%, to 2.709 million tons. In September Zaporizhstal produced 385.2 thousand tons of pig iron, 352.4 thousand tons of steel…
Under the project to modernize the teaching program Zaporizhstal has equipped a special classroom for the crane operators.
The students now have a unique opportunity to study at the interactive Pascal bridge crane simulator.
Investments in the classroom creation totaled 400 thousand UAH. (Ukrainian metal)
In August Zaporizhstal produced 356.3 thousand tons of steel, up by 0.9% YoY. Pig iron output grew by 3.5%, to 395.2 thousand tons, and rolled metal – by 0.5%, to 302 thousand tons. In January-August the company produced 2.749 million tons of steel, 2.932 million tons of pig iron and 2.414 million tons of rolled…
Zaporizhstal together with Zaporozhogneupor, Zaporozhkoks and Zaporozhye Casting-Mechanical Works under the annual program “First time to school” handed stationary kits to 5500 pupils, the children of their employees. Altogether the stationary kits cost 3.1 million UAH. The children who went to school for the first time received their first school bags with stationary kits. Children…
In July Zaporizhstal increased steel output by 6% YoY, to 354.2 thousand tons. According to the company press service, pig iron manufacture grew by 29.4%, to 396.5 thousand tons, and rolled metal – by 2.2%, to 301.2 thousand tons. In January-June the company produced 2.393 million tons of steel, 2.537 million tons of pig iron…