In January-June Zaporizhstal, one of the largest taxpayers of Zaporozhye region and Ukraine, produced 1.582 million tons of rolled metal, down by 8.9% YoY. Steel output decreased by 4.8%, to 1.893 million tons, pig iron – by 9.7%, to 1.67 million tons. In June Zaporizhstal produced 276.1 thousand tons of pig iron, 306.1 thousand tons…
The Zaporizhstal computer network has become a target of the virus attack. But the computer system has been saved, as the threat has been timely found. When the threat has been discovered, the decision has been taken to switch all computers off. At present all the metal manufacture at the works is operating in normal…
Zaporizhstal presented its blast furnace No. 3 reconstruction solutions at the Hexagon international conference in Las Vegas, Nevada. The report was presented by the capital construction and investment director Alexei Lebedev. The report touched upon details of the reconstruction site and a very small territory. The company specialists have developed a number of innovative solutions…
Within the program of developing cooperation with Yichang, Zaporizhstal has been visited by a delegation headed by the deputy mayor. The guests have been shown ecological modernization projects, including the reconstruction of the blast furnace No. 3 with investments at 1.5 billion UAH and the modernization of the sintering factory gas-purifying machines. “We have something…
The Ukrainian Stock Exchange intends to stop sales of Alchevsk Coke and Chemical Works, Alchevsk Iron and Steel Works and Zaporizhstal shares. According to the stock exchange, the decision has been taken because the companies have not disclosed their annual information. At the same time, the decision can be cancelled, if the companies disclose their…
Zaporizhstal has increased wages of its employees by 20% since June 1. According to the company statement, its wages are among the highest in the Ukrainian mining and metal industry. Within the program of improving working conditions Zaporizhstal will invest some 4 million UAH in installing climate control systems all over the place. (Ukrainian metal)
In May Zaporizhstal produced 325.2 thousand tons of steel, down by 11.2% YoY. According to the company statement, pig iron output dropped by 17.1%, to 285.5 thousand tons, that of rolled metal – by 12.3%, to 272 thousand tons. The decrease of output is the result of the shut down of the blast furnace No.…
In 2016 Zaporizhstal increased profits by 89.6% YoY, to 5.2 billion UAH ($201 million). According to Metinvest statement, Zaporizhstal earnings dropped by 9.7%, to $1.321 billion, while its EBITDA increased by 7.8%, to $165 million. Metinvest owns 49.9% of Zaporizhstal shares, 24% of Zaporozhye Iron Ore Complex, 42.8% in Zaporozhkoks and 49.2% in Zaporozhogneupor. Yuzhniy…
