Donetsksteel, metallurgical plant
Donetskstal Metallurgical Plant (Donetskstal MP) was established in August 2002 on the basis of the blast furnace and open-hearth shops of Donetsk Metals Plant. Donetskstal MP has two branches: the Metals Complex and Sviato-Varvarynska Beneficiation Plant.
Since 2012, after the shutdown of the open-hearth shop, the Metals Complex specialized in the production of pig iron. Sviato-Varvarynska Beneficiation Plant produces coal concentrate for coking, including premium grades, and fuel for boilers and thermal power plants. Coal is supplied from Pokrovske mine located in close proximity to Sviato-Varvarynska Beneficiation Plant.
To date, the Metals Complex is located in the non-government controlled territory.
Staff and wages
* per worker before taxes
Financial performance, $ million
|Net income margin||0.6%||-45.9%||-54.0%||-15.3%||-54.8%|
The project was launched on the construction of an electric arc furnace (DSP-150). The furnace was scheduled to be put into operation in the second half of 2013. As of early August 2013, the works were 88% completed. Commissioning of the electric furnace was repeatedly postponed. The construction was never finished because of hostilities in the east of the country.
In February 2017
The blast furnace 1, the only one that operated at that time, was stopped due to lack of iron ore. In March 2017, the Metals Complex was nationalized by breakaway authorities.
The Metinvest Group bought a stake in Donetskstal.
According to the media, in late March 2019, Donetskstal put the blast furnace 1 into operation. Its planned average daily capacity is 1,700 tons of pig iron.
Sources: websites of the companies, media outlets