Elektrostal
Elektrostal is a mini electric steelmaking plant. It was put into operation in 2008. According to the media, the volume of investment in the plant construction amounted to $80 million. Elektrostal produces square billets. Until trade with non-government controlled territories of Donetsk oblast stopped, Elektrostal operated in close cooperation with Donetsk Rolled Steel Plant (DRSP) — it supplied billets for the manufacture of rolled products. As of 2018, all products were exported.
Production capacity
Ladle furnace
Triple-strand CCM
Charts and tables
Production results, thousand tons
Indicative sales structure by products in 2018
Indicative sales structure by countries in 2018
* structure of sales volumes, metric tons
Key facts
2021
In January-May 2021, Elektrostal’s capacities were idle, no production was made
2020
2019
In Q4 2019, capacities of Elektrostal stood idle. Steel production over this period amounted to less than 10 thousand tons.
In February 2019
Electrostal started the liquidation procedure, as the company had faced problems with debt repayment to banks (Delta Bank — $8.8 million and EUR 1.5 million, VTB Bank — $26 million). According to the media, the plant continues operation, presumably as another legal entity.
In December 2018 to February 2019
The plant stopped production because of high scrap prices and declining of semi-finished products prices. According to the media, Elektrostal is going to resume production in March 2019.
2016-2017
The media say that Elektrostal spent UAH 3.5 million in capital investment in 2017, and UAH 4 million in 2016.
2011
According to the media, in 2011, Elektrostal’s scrap melting ratio for the production of 1 ton of steel was 1.1 ton, electricity consumption — 404 kilowatt hours, oxygen — 33.4 cubic meters per ton.
Sources: websites of the companies, media outlets
13 July 2022
18 May 2022
17 January 2020
08 October 2019
05 August 2019