Dnipro Metallurgical Plant (DMZ), a member of the DCH Steel group, reduced rolled steel production by 59.4% in 2024 compared to 2023, to 42.9 thousand tons. This is stated in the corporate newspaper DCH Steel.
A significant reduction in rolled steel production is the result of a decline in demand for products, difficulties in maintaining production capacity due to energy supply problems, higher electricity and logistics tariffs, and a lack of qualified personnel. The company idled its rolling mills for four months in 2024 – in January, July, August, and December.
“In December, the company did not produce steel products. The production campaign at rolling shop No. 2 will begin in the third decade of January and will include the production of channels of various sizes: from 10 to 30,” the statement said.
Coke production at DMZ in 2024 decreased by 1.2% compared to 2023 – to 289.1 thousand tons. In December, this volume decreased by 2% compared to the previous month and by 3.8% y/y – to 23 thousand tons.
The company’s quarterly production breakdown is as follows:
Thus, while coke production remained largely stable throughout the year, rolled products output experienced significant fluctuations.
As GMK Center reported earlier, in 2023, DMZ increased its rolled steel production by 86.2% compared to 2022, up to 105.6 thousand tons. The company’s production of metallurgical coke increased by 38.5% year-on-year to 292.7 thousand tons in 2022.
At that time, DMZ’s rolling mills focused on manufacturing mine supports, mine rails, small volumes of channels and angles for the Ukrainian market. In addition, the company has resumed production of profiles in accordance with European standards.
Dnipro Metallurgical Plant is one of the largest steel companies in Ukraine. It is part of DCH Steel, a division of DCH Group. DMZ produces the largest range of channels and angles in Ukraine. Currently, the company is the only domestic producer of special profiles for the machine building and mining industries.
Source: https://gmk.center
