The plans include the phased launch of the blast furnace, basic oxygen furnace and rolling shops
Dnipro Metallurgical Plant (DMZ), part of the DCH Group, is making preparations for the launch, according to the company’s press service.
DMZ has already sounded the first horn following the completion of repair works in its main shops. The plant is currently preparing for the launch of the blast furnace, basic oxygen furnace and rolling facilities.
“Despite the difficult economic situation in the mining & metals sector, Dnipro Metallurgical Plant has started to launch production. We have a lot of work and large-scale plans ahead,” says Vitaliy Bash, DMP CEO.
The DCH Group plans to invest $300 million over 5 years as part of the investment program for the development of mining & metals companies of DCH Steel (DMZ and Sukha Balka iron ore mining facility in Kryvyi Rih).
Dnipro Metallurgical Plant is an integrated steelmaking company, a part of the DCH Group. It produces semi-finished and long products: channels, angles and rails.
Its main products are square billets (exported to Turkey and Egypt), channels (wide export geography: countries of Europe, Asia, Africa) and pig iron (exported mainly to Turkey).
In 2019, DMZ cut production of rolled products by 43% to 449 thousand tons against the previous year.