In 2019, Zaporizhstal received UAH 3.880 billion of net loss, as opposed to a net profit of UAH 4.053 billion in 2018. Consolidated income decreased by 21.5%, to UAH 46.211 billion. Undistributed profit totaled UAH 18.998 billion. (Ukrainian metal)
Zaporizhstal is operating normally, the press-service has reported commenting on information in media about an accident at the blast furnace. Two furnaces of the blast furnace shop operate in normal mode – Nos. 3 and 4. The blast furnaces No. 2 has been shut down for scheduled repairs. The repair of the blast furnace No.…
In March, Zaporizhstal produced 355.8 thousand tons of pig iron, 300.8 thousand tons of steel and 233.6 thousand tons of rolled metal, all down by 8.1%, 15.5% and 21.8% YoY respectively. The decrease is due to a number of capital repairs of the blast furnace No. 5, as well as mills 1150 and 1680. In…
According to its modernization program, Zaporizhstal has received two new railroad cranes with the lifting capacity of 25 and 80 tons. Investments in the purchase totaled some 62 million rubles. The new cranes will be used to load and unload technical cargo and raw materials, in construction, as well as capital and current repairs. At…
In February, Zaporizhstal produced 270.5 thousand tons of rolled metal, down by 4.8% YoY. At the same time, manufacture of pig iron increased by 3.3%, to 370.1 thousand tons, and steel – by 1%, to 321 thousand tons. In 2 months Zaporizhstal produced 562.5 thousand tons of rolled metal, 659.2 thousand tons of steel and…
In three years, under its project to exchange secondary gases with Zaporozhkoks, Zaporizhstal has decreased natural gas consumption by 240 million cubic meters. In 2016 the company modernized the gas pipeline and gas machinery at Zaporozhkoks. This allowed switching to the use of coke-blast furnace and natural-blast furnace gas mixes in rolling shops, resulting in…
In January Zaporizhstal produced 399.9 thousand tons of pig iron, 338.3 thousand tons of steel and 292.3 thousand tons of rolled metal. Pig iron manufacture grew by 8.1% YoY. At the same time steel and rolled metal output decreased by 4.5% and by 1.2% respectively. (Ukrainian metal)
This year Zaporizhstal intends to focus on improving the quality of its products. Last year the company received some 100 thousand tons of low-quality products. “We lose $100-150 on each low-quality ton. This money is a reserve that we could spend to finance investment and social projects. This is, actually, our people’s salary. Thus, our…
