DMZ shipped 2.1 thousand tons of rolled steel products to consumers in October

Last month, the enterprise did not produce rolled steel, it sold products produced in previous periods

In October 2024, Dnipro Metallurgical Plant (DMZ) shipped 2.1 thousand tons of rolled steel products to customers. No production was carried out. This is stated in the corporate newspaper DCH Steel.

“Last month, the company did not produce rolled steel products, selling products manufactured in previous periods. In October, rolling shop No. 1 drilled holes in rails before shipping them to customers. Rolling Shop No. 2 was preparing for the new rolling campaign, which is scheduled to start on November 11,” DMZ said.

In October, steel coke production increased by 1.9% month-on-month and decreased by 7.5% y/y – to 24.5 thousand tons.

In January-October 2024, DMZ reduced rolled steel production by 61.2% y/y – to 35.8 thousand tons. Steel coke production decreased by 1.2% y/y – to 242.6 thousand tons.

October is the third month in 2024 when DMZ has idled its rolling mills. The same situation was observed in July and August.

After a positive start to the year, which marked the launch of exports of iron and steel products by seaports and, accordingly, the increase in the capacity of domestic producers, the situation deteriorated in the second half of the year due to problems with energy supply, shortage of personnel due to mobilization, weakening demand, etc.

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 steel 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 Iron and Steel Works 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.