At the end of December 2023, Zaporizhstal metallurgical plant increased rolled steel production by 5.6% compared to the previous month to 206.5 thousand tons.
Compared to December last year, in December 2023, Zaporizhstal increased pig iron production by 87.1%. Steel production increased by 3.2 times per year, and rolled steel production by 3.6 times. Pig iron production in December increased by 1% compared to November up to 265.5 thousand tons. Steel output for the month fell by 5.1% m-o-m to 228.6 thousand tons.
At the same time, compared to 2022, the enterprise increased the output of metal products due to an increase in load, the search for new logistics routes for obtaining raw materials and marketing products, as well as expanding its own product portfolio. In 2023, the plant operated at an average of 70% of its capacity.
"The anti-crisis solutions we found allowed us to stabilize the production process and reorient the company to operate more efficiently in the rapidly changing wartime environment, maintain production and retain our team. In 2024, we plan to maintain production volumes and, given the favorable conditions on foreign markets and demand for rolled steel in the domestic market, increase the utilization of our production facilities," the general director of Zaporizhstal Roman Slobodyanuk noted.
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