In August the growth of all performance figures was noted at Zaporizhstal Integrated Iron and Steel Works – iron output volume grew by 3.1%, steel – by 6.1% and roll stock – by 12.2%. In August the works produced 278.5 thousand tons of iron, 339 thousand tons of steel and 296 thousand tons of roll…
Ukrainian steelmaker Zaporizhstal, a part of the Ukrainian mining and steel group Metinvest, has stated that it has suspended its supplies to Russia due to recent problems experienced at Russian customs. Russia’s Customs Service has tightened controls on Ukrainian goods since August 14th, blocking the supply of products to the Russian market. Zaporizhstal supplies about…
Mr. Rostyslav Shurma, director general of Zaporizhstal, said that Metinvest, an international vertically integrated mining and metal group of companies, could merge Zaporizhstal and Zaporizhkoks, one of the largest producers of coke-chemical goods in Ukraine, in the long term.Mr. Shurma said that the merger of the two companies was logical, as they operated at one…
Mr. Rostislav Shurma, general director of Zaporizhstal Group, said that Zaporizhstal Group, part of the Ukrainian iron and steel holding Metinvest, posted a net profit of UAH 200 million in the first half of 2013, compared with a net loss of about UAH 500 million in the same period last year.Mr. Shurma said that “The…
Zaporizhstal said that steel production rose by 1% on the year in January to July to 2.2 million tons.The company’s pig iron production remained flat in the period at 1.8 million tons, while rolled steel output rose by 3% to around 1.8 million tons.Zaporizhstal produced 341,600 tons of steel in July, up on the year…
During the first halfyear of the 2013 Integrated Iron and Steel Works “Zaporizhstal” reduced energy consumption of manufactured steel product by 6,4%. There is the program of the Metinvest Group at Zaporizhstal which is oriented on realization energy-efficient process and implementation of total control raw material consumption and energy resources across all levels of manufacture.…
Ukrainian iron and steel holding Metinvest spent $750 million on 99.8% of the Zaporizhstal Group. Metinvest said in its annual report that it bought a further 74.9% of Zaporizhstal Group, which used to be known as Industrial Group, for $512 million last year. Metinvest’s stake in Zaporizhstal Group increased from 24.9% to 99.9% during 2012…
Ukrainian president Mr. Viktor Yanukovych during his visit to Zaporizhzhia region said that modernization of the mining and metallurgical complex should proceed in line with European environmental standards to make it possible to solve the environmental problems of the regions where MMC companies operate, and to start launching the relevant environmental programs. Mr. Yanukovych during…