In 2017 Zaporizhstal decreased profits by 15.4% YoY, to $170 million (4.5 billion UAH). According to Metinvest, the company revenue increased by 34.4%, to $1.775 billion, while EBITDA dropped by 18.2%, to $135 million. Metinvest owns 49.9% of Zaporizhstal, 24% of Zaporozhye Iron Ore Complex, 42.8% of Zaporozhkoks and 49.2% of Zaporozhogneupor. At the same…
For the International Women’s Day on March 8 Zaporizhstal has prepared a number of events for its women employees and the veterans of the company, as well as provided monetary aid to single mothers, mothers with many children and children with special needs. According to the company statement, all the women employees received money prizes…
Zaporizhstal is negotiating with European banks and financial organizations the issue of attracting a loan to construct a converter shop valued at over $1 billion. “We need to get loans, and that means trust in the first place. Unfortunately, the situation in the country has not changed for the past two years. And the political…
In January Zaporizhstal increased steel output by 11.3% YoY, to 363 thousand tons. According to the company statement, pig iron manufacture grew by 37%, to 394.1 thousand tons, and that of rolled metal – by 11.7%, to 301.9 thousand tons. The company notes that the increase in output is due to the commissioning of the…
In 2018 Energomashspetsstal will produce and supply 25 rolls for cold- and hot-rolling mills to Zaporizhstal. According to the company statement, the total weight of the rolls will be 461 tons. The corresponding contract was concluded in November 2017. Delivery will be carried out by installments, according to the terms. (Ukrainian metal)
In 2018 Zaporizhstal intends to invest 34 million UAN in improving the life of its employees. According to the company statement, 19 premises with the size of over 6 thousand square meters will be repaired. “Since 2012 we have repaired 100 premises, and the organization of the comfortable rest for our employees is going on”,…
In December 2017 Zaporizhstal increased pig iron output by 38.2% YoY, to 365.7 thousand tons. According to the company statement, steel manufacture grew by 17.2%, to 357.8 thousand tons, and rolled metal – by 10.4%, to 295.2 thousand tons. In 2017 pig iron output increased by 5.4% YoY, to 3.795 million tons, steel – by…
In 2017 Zaporizhstal has increased transportation of its products by water by 6% YoY, to 573 thousand tons. According to the company statement, thus, 17% of the products were shipped by water. Traditionally the main consumers of Zaporizhstal metal, sent by water, are Bulgaria, Turkey, Greece and Romania. “Water transport is the most efficient way…