SynopsisZaporozhstal, a key player in Ukraine's steel industry and part of the Metinvest Group, has experienced substantial growth in steel production. In the first eight months of 2023, rolled steel shipments increased by 26.1%, with steel production rising by 35.5%. The company's pig iron production also saw a notable 17.5% increase. This growth can be attributed to the resumption of operations and adjustments in blast furnace usage. Furthermore, Zaporozhkoks, another Metinvest division, increased blast furnace coke production by 22%, contributing to Ukraine's industrial prowess.ArticleZaporozhstal, a prominent Ukrainian steelmaker and division of the Metinvest Group, has demonstrated remarkable growth in its steel production endeavors. In the initial eight months of 2023, the company witnessed a substantial 26.1% increase in rolled steel shipments, totaling an impressive 1.240 million tonnes.This surge in steel output was accompanied by a significant 35.5% rise in steel production, reaching 1.499 million metric tons. Additionally, pig iron production experienced a noteworthy uptick of 17.5%, culminating in 1.666 million metric tons s, according to reports from Ukrainian media, citing the company's data.Breaking down these achievements further, Zaporozhstal achieved a production milestone in August, where it produced 257,900 tonnes of pig iron and 239,700 metric tons of steel. Simultaneously, the company successfully shipped 200,400 metric tons of rolled steel products during the same month. These numbers represent considerable growth compared to July figures, where production stood at 262,000 metric tons of pig iron, 240,700 metric tons of steel, and 196,100 metric tons of rolled steel products.Explaining the reasons behind this impressive surge, the company attributed it to the resumption of operations at blast furnace No. 2 after a period of hot mothballing, along with strategic adjustments in the utilization of three blast furnaces.Zaporozhstal, renowned as one of Ukraine's major industrial enterprises, specializes in the manufacture of cold-rolled steel and various steel products, including hot-rolled coil, sheet, strip, and roll-formed sections. This substantial growth underscores its pivotal role in Ukraine's steel industry.Additionally, another division of the Metinvest Group, Zaporozhkoks, recorded notable achievements. The production of blast furnace coke surged by 22% year-on-year, amounting to 572,300 metric tons in the first eight months of 2023. In August alone, production reached 72,400 tonnes, compared to 70,500 metric tons in the same month the previous year.Zaporozhkoks plays a crucial role in Ukraine's coke production, accounting for 10% of the country's coke output. The company boasts a comprehensive production process for coke and associated by-products, including coke oven gas and pitch coke.Metinvest, the parent company overseeing these divisions, operates as a vertically integrated mining and steel group. It is predominantly owned by SCM Group (71.24%) and Smart Holding (23.76%), solidifying its influence in Ukraine's industrial landscape.ConclusionZaporozhstal's impressive surge in steel production is a testament to the company's commitment to growth and excellence in Ukraine's steel industry. This significant increase in output, along with Zaporozhkoks' contributions to coke production, showcases the vital role these divisions play in the nation's industrial landscape. These achievements contribute to Ukraine's prominence in the global steel market.
SynopsisZaporozhstal, a key player in Ukraine's steel industry and part of the Metinvest Group, has experienced substantial growth in steel production. In the first eight months of 2023, rolled steel shipments increased by 26.1%, with steel production rising by 35.5%. The company's pig iron production also saw a notable 17.5% increase. This growth can be attributed to the resumption of operations and adjustments in blast furnace usage. Furthermore, Zaporozhkoks, another Metinvest division, increased blast furnace coke production by 22%, contributing to Ukraine's industrial prowess.ArticleZaporozhstal, a prominent Ukrainian steelmaker and division of the Metinvest Group, has demonstrated remarkable growth in its steel production endeavors. In the initial eight months of 2023, the company witnessed a substantial 26.1% increase in rolled steel shipments, totaling an impressive 1.240 million tonnes.This surge in steel output was accompanied by a significant 35.5% rise in steel production, reaching 1.499 million metric tons. Additionally, pig iron production experienced a noteworthy uptick of 17.5%, culminating in 1.666 million metric tons s, according to reports from Ukrainian media, citing the company's data.Breaking down these achievements further, Zaporozhstal achieved a production milestone in August, where it produced 257,900 tonnes of pig iron and 239,700 metric tons of steel. Simultaneously, the company successfully shipped 200,400 metric tons of rolled steel products during the same month. These numbers represent considerable growth compared to July figures, where production stood at 262,000 metric tons of pig iron, 240,700 metric tons of steel, and 196,100 metric tons of rolled steel products.Explaining the reasons behind this impressive surge, the company attributed it to the resumption of operations at blast furnace No. 2 after a period of hot mothballing, along with strategic adjustments in the utilization of three blast furnaces.Zaporozhstal, renowned as one of Ukraine's major industrial enterprises, specializes in the manufacture of cold-rolled steel and various steel products, including hot-rolled coil, sheet, strip, and roll-formed sections. This substantial growth underscores its pivotal role in Ukraine's steel industry.Additionally, another division of the Metinvest Group, Zaporozhkoks, recorded notable achievements. The production of blast furnace coke surged by 22% year-on-year, amounting to 572,300 metric tons in the first eight months of 2023. In August alone, production reached 72,400 tonnes, compared to 70,500 metric tons in the same month the previous year.Zaporozhkoks plays a crucial role in Ukraine's coke production, accounting for 10% of the country's coke output. The company boasts a comprehensive production process for coke and associated by-products, including coke oven gas and pitch coke.Metinvest, the parent company overseeing these divisions, operates as a vertically integrated mining and steel group. It is predominantly owned by SCM Group (71.24%) and Smart Holding (23.76%), solidifying its influence in Ukraine's industrial landscape.ConclusionZaporozhstal's impressive surge in steel production is a testament to the company's commitment to growth and excellence in Ukraine's steel industry. This significant increase in output, along with Zaporozhkoks' contributions to coke production, showcases the vital role these divisions play in the nation's industrial landscape. These achievements contribute to Ukraine's prominence in the global steel market.
