8,964.10 TRY BIST 100 BIST 100
4.83 CNY CNY CNY
34.26 USD USD USD
36.94 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.86 TRY Interest Interest
79.26 USD Fossil Oil Fossil Oil
31.23 USD Silver Silver
4.43 USD Copper Copper
97.91 USD Iron Ore Iron Ore
383.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,916.04 TRY Gold (gr) Gold (gr)

Zaporizhstal increases production in March 2024

The Ukrainian steel maker company increased production of hot-rolled products for January-March 2024 by 88.9% compared to the same period in 2023.

Zaporizhstal increases production in March 2024

The production of steel products at the Zaporizhstal steel making plant continues to show impressive growth. According to the latest data for March 2024, the volume of commercial rolled metal products increased by 45.5% compared to the same period last year and reached 219.4 thousand tonnes. This growth in production was supported by a significant increase in pig iron smelting and steel production 273.1 thousand tonnes of pig iron (up 41.1%) and 260 thousand tonnes of steel (up 41%).

Compared to the previous month, rolled steel production increased by 10.5%, while pig iron and steel production grew by 9.8% and 10.4%, respectively.

In the first quarter of 2024, total rolled metal production increased by 88.9% yoy to 615,300 tonnes. Pig iron smelting amounted to 785,400 tonnes (up 71.4%) and steel production to 731,000 tonnes (up 85.7%).
These impressive results allowed Zaporizhstal to increase its production by 50.6% yoy to 7.24 million tonnes in 2023. Among the main production indicators, pig iron smelting increased by 35.3%, steel production by 65.4% and rolled steel production by 57.2%.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Chinese company Tsingshan Holding to undertake construction of Iraq’s first industrial city

Thursday, October 24, 2024

Formosa Ha Tinh Steel exceeds market expectations with domestic price increase

Thursday, October 24, 2024

Türkiye's billet and bloom imports decreased by 25.1% in January-August period

Thursday, October 24, 2024

India may face iron ore shortage risk

Thursday, October 24, 2024

Brazil increases tariffs on some construction steel products

Thursday, October 24, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now