Donetsk Metallurgical Plant
Donetsk Metallurgical Plant OJSC (DMP) has capacities for production of flat and long products. Its product range includes round and square bars, rebar, spring plates, long structural shapes and hot rolled plates.
DMP cooperated with “Donetsksteel”-metallurgical plant on a tolling basis. It purchased slabs from “Donetsksteel”-metallurgical plant, and square billets from Donetsk Electrometallurgical Plant.
In 2013, the plate rolling mill was shut down. Since 2014, the section mills have not worked. Before the nationalization in 2017, DMP leased out its facilities to “Donetsksteel”-metallurgical plant.
Staff and wages
* per worker before taxes
Charts and tables
Production results, thousand tons
* structure of sales volumes, metric tons
Financial performance, $ million
|Net income margin||-118.9%||-595.1%||-531.1%||-2003.1%||-547.0%|
According to the local media, the launch of the stopped blast furnace No. 1 is impossible due to its worn lining. The remaining raw materials and substandard products were removed from the company’s warehouses. As of June 2020, the company was in wage arrears for more than 3 months.
Shareholders lost control over the capacities of DMP. The plant has been nationalized by breakaway authorities.
Sources: websites of the companies, media outlets