Ukrainian steel billet producer Dneprovskiy Dzerzhinsky Metallurgical Plant (DMKD) has decided not to resume operations in part of its main production facility after a maintenance outage, due to the crisis in the global steel market, the company announced on Wednesday October 2.
DKMD decided to idle blast furnace (BF) No9, which can produce 800,000 tonnes per year of pig iron, and BF No12 which has capacity for 900,000 tpy.And the company will not restart basic oxygen furnace (BOF) No1, which has capacity for 2.4 million tpy of steel, and continuous casting machine (CCM) No3, which can make 1.7 million tpy of billet.The units were stopped for maintenance in the summer with the aims of reducing operational costs and keeping workplaces open, according to a company press release.The new measures will leave the producer with operations at only one BF with capacity for 1 million tpy of pig iron, one BOF which can produce 2.4 million tpy of steel, and two CCMs with combined capacity for 2.4 million tpy of...