Traded as PFTS: ENMZ Predecessor Peter's Factory Founded 2 February 1895 | Industry steel production Founder Theodore Yenakiiev Headquarters Yenakiieve, Ukraine | |
Type Public (subsidiary of Metinvest) Key people Aleksandr Podkorytov (Aug.2006-)
(General Director) Parent organizations Metinvest, Metinvest Holding, LLC | ||
Yenakiyeve Iron and Steel Works
Contents
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.
A trade blockade by Ukrainian activists during the War in Donbass has all but halted production in February 2017.
History
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.
Production
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.