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DMZ tripled its loss in the first nine months of 2025 to UAH 467 million

ДМЗ утроила убыток за девять месяцев 2025 года — до 467 млн ​​грн
PJSC Dnipro Metallurgical Combine (DMZ, formerly Evraz-DMZ), part of businessman Alexander Yaroslavsky's DCH Steel Group, increased its net loss by 3.1 times in January-September of this year compared to the same period last year to UAH 467.490 million from UAH 152.309 million.

According to the interim report, net profit for the reporting period decreased by 64.6%, to UAH 1 billion 518.613 million from UAH 4 billion 289.634 million.

The uncovered loss at the end of September 2025 amounted to UAH -199.622 million.

Production volumes in the third quarter of 2025 amounted to 0.6 thousand tons of metal products, in the second quarter – 0.5 thousand tons of metal products and 20.3 thousand tons of coke, and in the first quarter – 2.3 thousand tons of metal products and 54.9 thousand tons of coke. The following operational areas of activity: services for processing blanks into rolled products – 70 thousand tons.

In addition to its main production activities, in the 3rd quarter of 2025, DMZ continued to expand its field of activity and perform work for contractors on the manufacture and repair of metal structures, and laboratory research.

In the third quarter, the average number of full–time employees amounted to 699 people, and the salary fund (FOP) amounted to 57.722 million hryvnias. At the same time, the FOP for the quarter was reduced by UAH 32,950 million compared to the second quarter of 2025, which was caused by a shortage of raw materials and a market for products, the shutdown of coke chemical production from May 2025 with a corresponding reduction in personnel.

According to the annual report, in 2024, production volumes amounted to 289.1 thousand tons of blast furnace coke, no metal products were produced, but 44.6 thousand tons of square blanks were rolled into finished products according to the Davalnitsky scheme. At the same time, the volume of blast furnace coke decreased by 1.2%, and the volume of rolled products decreased by 57.1%. In the structure of metal products in 2024, the share of rolling mill (PC) No. 1 was 11.3%, and PC No. 2 – 88.7%. DMZ rolling mills produced channels, long products, mine trestles and rails.

The average number of full-time employees in 2024 decreased by 12.6% to 1,707 people, the FOP amounted to UAH 415.236 million. The average salary was UAH 19,442 (+17.4% compared to the level of 2023).

By the end of 2024, DMZ received a net loss of UAH 222.117 million against a net profit of UAH 504.591 million in 2023. Net profit decreased by 20.8% to UAH 5 billion 412.422 million from UAH 6 billion 832.241 million. Retained earnings at the end of 2024 amounted to UAH 170.605 million.

As reported, in 2024, DMZ reduced the provision of rental services by 59.4% compared to 2023 - to 42.9 thousand tons, coke production decreased by 1.2% - to 289.1 thousand tons.

DMZ reduced rental services by 23.1% in 7 months to 2025 compared to the same period last year



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