Zaporizhkoks increased production by 16% y/y in 2023

In January-December 2023, Zaporizhkoks PrJSC increased its blast furnace coke production by 16% or 119.4 thousand tons compared to the same period last year – up to 856.8 thousand tons. This is stated in the press release of the company.

In December, the company produced 71.9 thousand tons of blast furnace coke. This is 1% more than in December 2022 and 3% more than in the previous month.

In January-September 2023, Zaporizhkoks earned UAH 163.58 million in net profit compared to UAH 385.25 million in net loss for the same period of the previous year. The company’s net income for the period decreased by 0.5% y/y – to UAH 11.49 billion.

In 2022, Zaporizhkoks reduced its blast furnace coke production by 11.9% compared to 2021, to 737.4 thousand tons. In December, the company produced 70.8 kt of coke, up 6.2% y/y.

Production output declined as a result of the plant’s shutdown on March 1, 2022, due to the start of the Russian invasion of Ukraine. Production was partially resumed on April 1, 2022. The plant’s products were supplied to Metinvest’s enterprises, including Zaporizhstal.

As GMK Center reported earlier, in June 2022, Zaporizhkoks completed the next stage of the overhaul of coke oven battery No. 2 worth UAH 120 million as part of the production capacity upgrade program. The works were carried out from December 2021

Zaporizhkoks is one of the largest producers of coke products in Ukraine. It is part of the Metinvest Holding group. The main consumer of products is Zaporizhstal Iron and Steel Works.