DMZ reduced rolled steel production by 27.3% m/m in May

In May 2024, Dnipro Metallurgical Plant (DMZ) reduced rolled steel production by 27.3% y-o-y to 7.9 thousand tons. The figure increased by 7% compared to the same month in 2023. This is stated in the corporate newspaper DCH Steel.

Production of metallurgical coke for the month increased by 5.2% compared to April and decreased by 26% compared to May 2023 – to 25.3 thousand tons.

In January-May 2024, rolled steel production at DMZ decreased by 29% y/y – to 30 thousand tons, while coke production increased by 9.7% to 119.1 thousand tons.

In Q1 2024, DMZ increased taxes and duties paid to the budgets of all levels of Ukraine by 24.5% year-on-year to UAH 161.8 million.

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.