The production of steel for the month increased by 3.3 times y/y, and pig iron – by 2.7 times y/y

In September 2023, Zaporizhstal Iron and Steel Works increased the production of rolled products by 2.2 times compared to August 2022 – up to 201.9 thousand tons. This is reported in the press release.

In September, the volume of pig iron production increased by 2.7 times compared to August 2022 – up to 257.4 thousand tons. The output of steel for the month increased by 3.3 times y/y – up to 246.4 thousand tons.

In comparison with June 2023, in August Zaporizhstal decreased the production of pig iron by 0.2%. Steel production increased by 2.8% m/m, and rolled products – by 0.7% m/m.

«The increase in the level of production in September 2023 compared to the same period last year is connected with the removal of blast furnace №2 from the hot preservation mode and the adjustment of the operating mode of three blast furnaces,» the message states.

In January-September 2023, production output at Zaporizhstal increased by 32.6% year-on-year – up to 5.11 million tons. In particular, the plant produced:

  • pig iron – 1.92 million tons (+22.7% y/y);
  • steel – 1.74 million tons (+43.9%);
  • rolled goods – 1.44 million tons (+34.4%).

In March 2023 Zaporizhstal took out the blast furnace №2 from forced hot preservation. At the end of May 2023, the plant reported on shutdown of blast furnace №3 for overhaul Class II. Investments in the restoration of the unit were planned at the level of UAH 200 million. On June 19 the plant announced on the completion of blast furnace repairs and the start of unit inflation.

As GMK Center reported earlier, in 2022 Zaporizhstal reduced pig iron output by 54.3% compared to 2021 – to 2.01 million tons. Steel smelting decreased by 61.7% – to 1.49 million tons, and the production of rolled products – by 60.4%, to 1.304 million tons.