The Dnieper Metallurgical Plant, which stopped on 1 January 2022, will resume its work immediately after a series of current repairs in the main shops. Dnieper Metallurgical Plant’s General Director for Investments of DCH Steel advisor Mr Maksim Minyushkintold Interfax-Ukraine “DMZ annually in January suspends the metal site for current repairs in the main workshops. Koksokhim is working, 4 batteries have just been overhauled there. We plan to have time to carry out all the repairs in a month. If earlier, we will launch immediately.”Metallurgprom reported that while the official reason for the shutdown of the Dnieper Metallurgical Plant is repairs, the unofficial reason is the profitableness of steel smelting due to the restrictions of the Russian Federation on the supply of coke. An unnamed source of the newspaper Economic Truth said “There are a number of reasons: uncertainty in the supply of coal from Russia, difficulties with the logistics of raw materials due to the lack of a car fleet and energy prices. Together, this adds up to the cost of production, which does not allow the enterprise to be profitable. There are no exact dates of downtime yet, but a preliminary shutdown is expected for a period of one month, and the decision to resume work will depend on the state of the metal rolling market.”Dnipro in Dnipropetrovsk oblast of Ukraine Dnipro Metallurgical Plant is an integrated company, a member of the DCH Group. The main plant was founded back in 1887 by the South-Russian Dnieper Association as the Dnieper Works.With the occupation of Ukraine by Bolsheviks in 1917, the plant was nationalized. The DCH Group of Mr Alexander Yaroslavsky on March 1, 2018 signed an agreement to purchase Dnieper Metallurgical Plant from the Russian Evraz. It produces semi-finished products and long products: channels, angles and rails. Its main products are square billets exported to Turkey and Egypt, channels to Europe, Asia, Africa and pig iron mainly to Turkey.Coke - 4 batteries, 1,040 thousand tonnesBlast-furnace - 2 blast furnaces, 1,795 thousand tonnesSteel - 3 BOFs, 1,230 thousand tonnesRolled products - Rolling shop No 1 mill 800 & Rolling shop No 2 mill 550
The Dnieper Metallurgical Plant, which stopped on 1 January 2022, will resume its work immediately after a series of current repairs in the main shops. Dnieper Metallurgical Plant’s General Director for Investments of DCH Steel advisor Mr Maksim Minyushkintold Interfax-Ukraine “DMZ annually in January suspends the metal site for current repairs in the main workshops. Koksokhim is working, 4 batteries have just been overhauled there. We plan to have time to carry out all the repairs in a month. If earlier, we will launch immediately.”Metallurgprom reported that while the official reason for the shutdown of the Dnieper Metallurgical Plant is repairs, the unofficial reason is the profitableness of steel smelting due to the restrictions of the Russian Federation on the supply of coke. An unnamed source of the newspaper Economic Truth said “There are a number of reasons: uncertainty in the supply of coal from Russia, difficulties with the logistics of raw materials due to the lack of a car fleet and energy prices. Together, this adds up to the cost of production, which does not allow the enterprise to be profitable. There are no exact dates of downtime yet, but a preliminary shutdown is expected for a period of one month, and the decision to resume work will depend on the state of the metal rolling market.”Dnipro in Dnipropetrovsk oblast of Ukraine Dnipro Metallurgical Plant is an integrated company, a member of the DCH Group. The main plant was founded back in 1887 by the South-Russian Dnieper Association as the Dnieper Works.With the occupation of Ukraine by Bolsheviks in 1917, the plant was nationalized. The DCH Group of Mr Alexander Yaroslavsky on March 1, 2018 signed an agreement to purchase Dnieper Metallurgical Plant from the Russian Evraz. It produces semi-finished products and long products: channels, angles and rails. Its main products are square billets exported to Turkey and Egypt, channels to Europe, Asia, Africa and pig iron mainly to Turkey.Coke - 4 batteries, 1,040 thousand tonnesBlast-furnace - 2 blast furnaces, 1,795 thousand tonnesSteel - 3 BOFs, 1,230 thousand tonnesRolled products - Rolling shop No 1 mill 800 & Rolling shop No 2 mill 550