Zaporizhstal has completed large-scale assembly of metal structures at the blast furnace No. 3 being reconstructed. According to the company statement, over 7 thousand tons of metal structures have been assembled. “We are moving to the construction of the new blast furnace No. 3 with confidence. A couple of days ago we have reached the…
In 2016 Zaporizhstal invested 1.8 billion UAH into development and modernization of its manufacture. According to the company statement, among the major projects is the modernization of the gas-purifying system of sintering machines No. 3-6, and the reconstruction of the blast furnace No. 3. The latter costs 1.5 billion UAH. “Ukraine is still experiencing the…
Metinvest-PromService LLC, created on the basis of the repair subdivisions of Azovstal, Mariupol Ilyich Iron and Steel Works and Yenakievo Iron and Steel Works, all parts of Metinvest, announced of its decision to open a subsidiary in Zaporozhye to service local assets. According to the company CEO Mikhail Rubtsov, because of the railroad blockade the…
On March 10, Zaporizhstal started delivering metal to its customers by way of rivers after a three-months winter break. This year the company plans to supply around 600 thousand tons of metal by river to Bulgaria, Turkey, Serbia, Greece and Romania. “Water transportation has undeniable logistics advantages compared with other means of transportation. We systematically…
Minerfin (Slovakia) and Zaporizhstal will not stop investing into the Zaporozhye Iron Ore Complex. “Despite the very difficult situation – two years ago iron ore world prices dropped sharply – we still carried on investing in the construction of the grinding complex. I hope the development of the enterprise will not stop, and together with…
The blast furnace No. 3 at Zaporizhstal will be put into operation in April in full accordance with the schedule. According to the company CEO Rostislav Shurma, because of the railroad blockade of uncontrolled territories in Donetsk and Lugansk regions many metal companies have been experiencing the shortages of blast furnace raw materials. “The main…
In February Zaporizhstal produced 254.3 thousand tons of pig iron, 293.3 thousand tons of steel and 247.1 thousand tons of rolled metal. According to the company YoY decrease has to do with the blast furnace No. 3 being shut down in November 2016 for a large-scale overhaul. The company invested 1.5 billion UAH in the…
Zaporizhstal ranked first among the steel plants of Zaporizhia region in terms of taxes paid to the national budget in 2016, said the National Tax Inspection Agency for operations with major taxpayers of Zaporizhia. In 2016, major taxpayers of the region paid more than UAH 10 billion in taxes to the national and local budgets,…