Ukraine: Zaporizhstal output up in January-October 2015
In January-October Zaporizhstal produced 3.1 million tons of pig iron, 3.34 million tons of steel and 2.85 million tons of rolled metal, all up by 7.9%, 1.4% and 1.2% YoY respectively.
Ukraine: Zaporizhstal facing difficulties with new converter construction
Zaporizhstal has faced difficulties with its project of the new converter shop construction due to its inability to access foreign financial markets.
Ukraine: Zaporizhstal to increase its profit in 2015
In 2015 Zaporizhstal plans to increase its net profit 2.2 times, to $150 million.
Ukraine: Zaporizhstal hopes for positive EBITDA in 2015
In 2015 Zaporizhstal plans to receive $300 million of EBITDA.
Ukraine: Metinvest not to sell Zaporizhstal
The Ukrainian largest private metal company – Metinvest – thinks positively of the Zaporizhstal operation and supports its development.
Ukraine: Zaporizhstal expects Dnepr winter navigation extended
Zaporizhstal, a part of the Metinvest Group of Companies, expects the Ministry for infrastructure to prolong winter navigation on the river Dnepr, to decrease metal transportation costs.
Ukraine: Zaporizhstal gas consumption down
In 2012-2014 Zaporizhstal decreased gas consumption by 40%.
Ukraine: Zaporizhstal to invest 1.6 billion UAH in modernization
In 2012-2014 Zaporizhstal invested 2.7 billion UAH in the works development. In particular, in 2012 the company invested around 486 million UAH into production capacity modernization, with 553 million in 2013 and 1.61 billion on 2014. This year Zaporizhstal intends to overcome the last year level.