In a remarkable display of resilience and productivity, Zaporozhstal, one of Ukraine's largest steelworks, has reported substantial growth in its production figures for the first half of 2024. This surge in output comes despite the ongoing challenges faced by the Ukrainian industrial sector, highlighting the company's ability to adapt and thrive in difficult circumstances.
According to Ukrainian media reports, citing company information, Zaporozhstal has boosted its steel roll output by an impressive 46.1% year-on-year in the first six months of 2024. The steelworks produced 1.234 million metric tons of steel rolls during this period, marking a significant increase from the previous year. This growth in steel roll production is particularly noteworthy as it represents a key product category for the company and a vital component for various industries.
The company's success extends beyond steel rolls, with substantial increases in other core products as well. Crude steel production reached 1.486 million metric tons, representing a 45.9% increase compared to the same period last year. Similarly, pig iron production saw a 33.3% rise, totaling 1.527 million metric tons. These figures demonstrate a comprehensive growth across Zaporozhstal's main product lines, indicating a robust recovery and expansion of operations.
Focusing on the most recent month's performance, Zaporozhstal reported strong production figures for June 2024. The plant produced 237,000 metric tons of pig iron, 236,700 metric tons of crude steel, and 183,000 metric tons of steel rolls in that month alone. These numbers not only contribute significantly to the half-year totals but also suggest a consistent and stable production rate, which is crucial for meeting market demands and maintaining operational efficiency.
The current growth trend at Zaporozhstal builds upon the success achieved in the previous year. In 2023, the steelworks increased its steel roll output by an impressive 60%, reaching 2.055 million metric tons. Crude steel production for that year stood at 2.467 million metric tons, marking a 70% increase, while pig iron production rose by 35.3% to 2.719 million metric tons. These figures indicate that the company has been on a strong growth trajectory for an extended period, successfully overcoming various challenges that have affected the Ukrainian industrial sector.
