Last month’s rolled steel production was suspended, and products manufactured in past periods were subject to shipment
Dnipro Metallurgical Plant (DMZ) has not produced rolled steel for two months in a row. The August rolling campaign was postponed due to a change in the delivery date of billets. At the same time, in August 2023, the production of the relevant products was at 4.4 thousand tons. This is stated in the corporate newspaper of DCH Steel.
Despite the downtime of rolling facilities, DMZ shipped 2.3 thousand tons of steel products to consumers in August, which were produced by rolling shop No. 2 in previous periods.
“The rollers are planning to start working on September 13, but it all depends on the pace of billets delivery by the customer,” the company said.
In August, metallurgical coke production decreased by 6.7% compared to July and by 5.8% compared to August 2023 – to 24.4 thousand tons.
In January-August 2024, DMZ’s rolled steel production decreased by 54.6% y/y – to 33.8 thousand tons, while coke production decreased by 2% – to 194 thousand tons.
After a positive start to the year, which marked the launch of exports of iron and steel products by seaports and, accordingly, an increase in the capacity of domestic producers, the situation may deteriorate significantly in the second half of the year due to problems with energy supply, shortage of personnel due to mobilization, weakening demand, etc. and negatively affect the annual results of metallurgists and the industry as a whole.
As GMK Center reported earlier, in 2023, DMZ increased rolled steel production by 86.2% year-on-year to 105.6 thousand tons. Last year, the company’s production of metallurgical coke increased by 38.5% compared to 2022, to 292.7 thousand tons.
Last year, DMZ’s rolling mills focused on producing 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.cente