Yenakiyeve Iron and Steel Works
Yenakiyeve Iron and Steel Works Public Joint Stock Company (PJSC) “Yenakiyeve Iron and Steel Works” (ticker EMZ) is an integrated steelmaking enterprise comprising OJSC “Yenakiyeve Iron and Steel Works” and JV “Metalen” LLC. Yenakiyeve Iron and Steel Works (Yenakiyeve Steel) is a major employer of Yenakiieve town (Donetsk Region) with the population of 140 thousand people. The Works is located in the vicinity of the railway station “Yenakiyeve” and in 60 km from Donetsk.
|Public (subsidiary of Metinvest)|
|Traded as||PFTS: ENMZ|
|Founded||February 2, 1895|
|Aleksandr Podkorytov (Aug.2006-)|
|Owner||Société métallurgique russo-belge (1895-1917) |
Soviet government (1917-1993)
A trade blockade by Ukrainian activists during the War in Donbass has all but halted production in February 2017. On 1 March 2017 the separatist Donetsk People's Republic nationalized (along with all Ukrainian enterprises located in territory it controlled) the company.
The enterprise has more than hundred year working experience.
November 1897 - the first blast furnace was blown and first cast iron produced. This date is considered to be the date when Petrovskiy (Yenakiievskiy) steel works was established. Another blast furnace, Bessemer and rail rolling shops were introduced in December.
1898 - a year after the steel works was established the place of its location and the nearest mining plants and settlements was called Yenakiyeve after the name of engineer Fedor Yenakiev.
By 1914 6 blast furnaces and 7 open-hearth furnace, 2 converters, 8 rolling mills had been working at the steel works.
In 1931 first domestic casting machine was introduced.
1938 - first sintering plant is launched
1968 - The Steel works received Order of the Red Banner of Labour.
Key types of products producing at Yenakiyeve Steel:
Yenakiyeve Iron and Steel Works is one of the world’s leading square billet producers. Yenakiyeve Steel is a part of Metinvest Group Steel and Rolled Products Division.