Showing posts with label Zaporizhstal. Show all posts
Showing posts with label Zaporizhstal. Show all posts

6/24/14

Zaporizhstal ups output in January-May 2014

In May Zaporizhstal Iron and Steel Works produced 282.5 thousand tons of pig iron, 328.2 thousand tons of steel and 285 thousand tons of rolled metal, up by 22.8%, 17.4% and 14.3% YoY correspondingly.

5/22/14

Zaporizhstal increased output in January-April 2014

In January-April Zaporizhstal increased pig iron output by 1.3%, steel output – by 1.1% and rolled metal – by 4.1% YoY.

4/25/14

Zaporizhstal decreased gas consumption in Q1 2014

In January-March Zaporizhstal, a part of the Metinvest group, decreased its gas consumption by 18%, or 13.8 million cubic meters, YoY, from 75.4 million to 61.6 million cubic meters.

3/19/14

Zaporizhstal increases output

In January-February 2014  Zaporizhstal increased its pig iron output by 0.3%, to 528.2 thousand tons, that of steel – by 0.2%, to 626.5 thousand tons, and rolled metal by 4.9%, to 555.6 thousand tons, all YoY.

2/27/14

In January 2014 Zaporizhstal produced more steel and rolled metal

In January Zaporizhstal Iron and Steel Works reached an increase in its output: pig iron manufacture rose by 1.7%, that of steel – by 2.3%, while rolled metal production increased by 3.9%.

1/14/14

Zaporizhstal increased output in 2013

According to the Zaporizhstal own information, in 2013 the works increased steel smelting by 0.9%, to 3.82 million tons, pig iron output – by 0.8%, to 3.219 million tons, and rolled metal manufacture by 2.4%, to 3.225 million tons, all YoY.

1/7/14

In January-November 2013 Zaporizhstal increased output of steel

In January-November 2013 Zaporizhstal Integrated Iron and Steel Works increased steel output by 0.3%, to 3.486 million tons, pig iron production by 1.6%, to 2.932 million tons, but decreased pig iron output by 0.3%, to 2.935 million tons, all on YoY basis.

12/6/13

Zaporizhstal’s finished steel output up by 1.6% in January-November 2013

In November Zaporizhstal's finished steel product output decreased by 26.5% year on year to 199,100 tons, while its crude steel production declined by 11.6% year on year to 279,000 tons, according to the company's preliminary results.

11/28/13

Zaporizhstal increases output in January-October 2013

According to the press-report, in January-October Zaporizhstal Integrated Iron and Steel Works increased pig iron output by 0.1%, to 2.684 million tons, steel - by 1.5, to 3.207 million tons, and rolled metal – by 4.5%, to 2.733 million tons, all YoY.

11/7/13

Zaporizhstal boosts finished steel output in January-October 2013

In October Zaporizhstal's finished steel product output increased by 2.5% year on year to 291,000 tons, while its crude steel production remained unchanged year on year at 333,600 tons, according to the company's preliminary results.

10/9/13

Zaporizhstal interested in retaining Russian market

Zaporizhstal, a part of the Metinvest Group, considers the Russian market to be important for the company and intends to continue metal supplies to it and continue to meet the needs of Russian customers.

10/7/13

Zaporizhstal boosts metal output

In January-September 2013 Zaporizhstal Integrated Iron and Steel Works increased its pig iron output by 0.1%, steel output by 1.6% and rolled metal by 4.7%, YoY.

9/10/13

Zaporizhstal August 2013 production summary


In August the growth of all performance figures was noted at Zaporizhstal Integrated Iron and Steel Works - iron output volume grew by 3.1%, steel - by 6.1% and roll stock - by 12.2%.

8/22/13

Zaporizhstal halts steel product supplies to Russia


Ukrainian steelmaker Zaporizhstal, a part of the Ukrainian mining and steel group Metinvest, has stated that it has suspended its supplies to Russia due to recent problems experienced at Russian customs.

8/14/13

Zaporizhstal swings to profit in the first half of 2013

Mr. Rostislav Shurma, general director of Zaporizhstal Group, said that Zaporizhstal Group, part of the Ukrainian iron and steel holding Metinvest, posted a net profit of UAH 200 million in the first half of 2013, compared with a net loss of about UAH 500 million in the same period last year.

Zaporizhstal to merge with Zaporizhkoks in future

Mr. Rostyslav Shurma, director general of Zaporizhstal, said that Metinvest, an international vertically integrated mining and metal group of companies, could merge Zaporizhstal and Zaporizhkoks, one of the largest producers of coke-chemical goods in Ukraine, in the long term.
Mr. Shurma said that the merger of the two companies was logical, as they operated at one production site and were highly connected from the technological point of view.
He said that "If we look at the structure of Zaporizhkoks, 100% of its coke is shipped to Zaporizhstal, and around 90% of the coke consumed by Zaporizhstal is coke from Zaporizhkoks. It's a logical and obvious issue to merge Zaporizhstal and Zaporizhkoks".
He added that at present the issue had not been discussed in detail and no decisions could be made earlier than in six months.
Mr. Shurma said that "I can say with confidence that the enterprises will not merge in the coming year, but in the long-term outlook it's likely that this will happen. However, this depends on many factors".
He said that he does not see the necessity to merge the steel mill with another enterprise of Metinvest - Zaporizhvohnetryv, the largest manufacturer of refractory products in Ukraine.
He added that "The refractory business is a separate business, so it's wrong to unite it with the steel mill, and we won't do this," adding that Zaporizhstal and Zaporizhvohnetryv have good, close cooperation: 30% to 35% of Zaporizhvohnetryv's products are consumed by Zaporizhstal. (SteelGuru)

8/3/13

Zaporizhstal steel output increased in January-July 2013

Zaporizhstal said that steel production rose by 1% on the year in January to July to 2.2 million tons.
The company's pig iron production remained flat in the period at 1.8 million tons, while rolled steel output rose by 3% to around 1.8 million tons.
Zaporizhstal produced 341,600 tons of steel in July, up on the year by 8% and rolled metal output increased by around 10% to 282,900 tons in the same period. (SteelGuru)

7/30/13

Zaporizhstal reduced energy consumption of steel product in H1 2013


During the first halfyear of the 2013 Integrated Iron and Steel Works "Zaporizhstal" reduced energy consumption of manufactured steel product by 6,4%.

There is the program of the Metinvest Group at Zaporizhstal which is oriented on realization energy-efficient process and implementation of total control raw material consumption and energy resources across all levels of manufacture. Improvement of index on energy consumption of manufactured steel product in the first half of the 2013 is related to the implementation set of measures on detection of energy losses and development reduction loses of cold air blast, in transit from heat and power plant to the blast furnace plant; heating mode optimization across the zones of holding furnaces; energy saving by means of setting the optimum mode of the rolling shops equipment.

Energy efficiency incensement and rational use of energy resources are among the priority tasks of Zaporizhstal. The steel plant realizes massive investment programs, which are directed to incense energy efficiency of the production.

Mr. Rostislav Shurma, CEO of Zaporizhstal, said that as a result, in June 2013, consumption of natural gas in steelmaking was reduced to 29 million per ton of founded steel, in comparison with June 2012, when it was 43,39 million per ton.

5/30/13

Metinvest bought 99.8% of Zaporizhstal for $750 million


Ukrainian iron and steel holding Metinvest spent $750 million on 99.8% of the Zaporizhstal Group.

Metinvest said in its annual report that it bought a further 74.9% of Zaporizhstal Group, which used to be known as Industrial Group, for $512 million last year.

Metinvest's stake in Zaporizhstal Group increased from 24.9% to 99.9% during 2012 and its stake in the steel mill itself from 12.5% to 49.9%.

Metinvest said that as of the end of last year its investment in Zaporizhstal was classified as a joint venture because strategic financial and operating decision-making required the participation and approval of other Zaporizhstal shareholders.

Metinvest also said its stakes in the Krasnodvuhillia coal producer and Avdeyev Coke and Chemical Works rose from 91.6% to 92.5% and from 91.7% to 92.6% respectively last year.

Metinvest increased its stake in the Khartsyzsk Pipe Works from 97.6% to 98%, that in the Azovstal Iron and Steel Works from 95.9% to 96.1%, Yenakievo Iron and Steel Works from 90.6% to 90.7% and the Ilyich Iron and Steel works from 99.1% to 99.2%.
Zaporizhstal, one of Ukraine's biggest industrial plants, is being integrated with Metinvest, which is owned by System Capital Management (71.25%) and Smart Holding (23.75%). (SteelGuru)

5/23/13

Ukrainian steel sector should meet European environmental standards


Ukrainian president Mr. Viktor Yanukovych during his visit to Zaporizhzhia region said that modernization of the mining and metallurgical complex should proceed in line with European environmental standards to make it possible to solve the environmental problems of the regions where MMC companies operate, and to start launching the relevant environmental programs.

Mr. Yanukovych during the ceremony of commissioning of the first sintering machine at the iron and steel works Zaporizhstal said that "It is of a great importance for us now to upgrade the mining and metallurgical complex while putting our steel plants in line with the European environmental standards."

He said that “The facility is the first of the six planned for launch at Zaporizhstal. This will make it possible to reduce annual emissions by 10%.”
In August 2012 Zaporizhstal began full scale modernization of sintering machine No1 with installment of high tech gas cleaning equipment. Commissioning of the sintering machine complex and electrical filter will allow the company to reduce the emission of pollutants into the atmosphere by 10%, thus reducing the company's human impacts on the environment of the region. (SteelGuru)