Yenakiieve Iron and Steel Works, Public Joint Stock Company (PJSC) “Yenakiieve Iron and Steel Works” (ticker EMZ) is an integrated steelmaking enterprise comprising OJSC Yenakiieve Iron and Steel Works[1] and JV Metalen LLC. Yenakiieve Iron and Steel Works (Yenakiieve Steel) is a major employer of the city Yenakiieve in Donetsk Oblast of Ukraine. The works is located in the vicinity of the railway station Yenakiieve and is 60 km from Donetsk.[2]
A trade blockade by Ukrainian activists during the War in Donbas has all but halted production since February 2017.[3] On 1 March 2017 the separatist Donetsk People's Republic nationalized (along with all Ukrainian enterprises located in territory it controlled) the company.[4] The Commercial Court of Donetsk Oblast declared the enterprise bankrupt in July 2019.[4]
History
The enterprise has more than 100 years' 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 - The surrounding area was named Yenakiieve after the name of engineer Fedir Yenakiev [uk].
1914 - A total of 6 blast furnaces and 7 open-hearth furnace, 2 converters, 8 rolling mills were operating at the steel works.
1931 - First domestic casting machine was introduced.
Yenakiyeve Iron and Steel Works was one of the world’s leading square billet producers.[1]
Yenakiyeve Steel is a part of Metinvest Group Steel and Rolled Products Division.
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