In January-April, Dneprovsky Iron and Steel Works produced 190 thousand tons of rolled metal, down by 30% YoY. The output of steel dropped also by 30%, to 226 thousand tons, and of pig iron – by 31%, to 216 thousand tons. In April, DMZ produced 45 thousand tons of rolled metal, 61 thousand tons of…
The Antimonopoly Committee of Ukraine has fined DCH Group for 58 million UAH for the violation of the economic competitiveness protection legislation while purchasing Dneprovsky Iron and Steel Works shares from Evraz, but still allowed the concentration. The committee has studied the case of DCH buying the DMZ and fined the former for buying the…
From now on DCH Steel Management will manage the operation of both Sukhaya Balka and Dneprovsky Iron and Steel Works. Still, this is not enough to make a full vertically integrated mining and metallurgical group. Coal mining and ore processing are the group’s weak links. In 5 years DCH intends to invest $150-200 million in…
Dneprovsky Iron and Steel Works will host an extraordinary meeting of the shareholders on February 25. The meeting will start at 10 a. m. DMZ manufactures steel, pig iron, rolled metal and wares. In 2011 it was merged with Dneprokoks. (Ukrainian metal)
On February 25 the meeting of the shareholders of the Dneprovsky Iron and Steel Works will approve attracting a loan of 30 million UAH from Oschadbank. Most probably the money will be spent to finance the construction of the continuous casting machine. The project was announced back in 2017. This is the largest investment project…
Last year Dneprovsky Iron and Steel Works decreased rolled metal output by 1.4% YoY, to 789 thousand tons. Steel manufacture grew by 0.4%, to 921 thousand tons, while pig iron dropped by 12.4%, to 892 thousand tons. In December 2018 the company produced 81 thousand tons of rolled metal, 93 thousand tons of steel and…
DCH has extended the office of the Dneprovsky Iron and Steel Works CEO Gennady Bergman. He will be in the office until December 31, 2019. The decision was taken by the supervisory board on December 14. DCH purchased DMZ from Evraz in March. (Ukrainian metal)
In January-November Dneprovsky Iron and Steel Works decreased rolled metal output by 0.8% YoY, to 708 thousand tons. Steel manufacture dropped by 1.5%, to 828 thousand tons, and pig iron – by 15.4%, to 800 thousand tons. In November the works produced 65 thousand tons of rolled metal, 72 thousand tons of steel and 69…