Cao Bang Iron and Steel Joint Stock Company overcomes difficulties, strives to maintain production and business

DNHN - Entering the implementation of production and business tasks in 2022, Cao Bang Iron and Steel Joint Stock Company faces many difficulties and challenges, but with the consensus and solidarity of the staff, workers, the company strives to maintain production and business, achieving some positive results.

In 2022, the company's production and business activities face many difficulties, especially the complicated situation of Covid-19 epidemic in the country and in the world, affecting the ability to supply materials for production (increasing logistics service costs, prolonged progress, etc.). Fluctuating with the increase in metal prices in the market is the continuous increase of raw materials (iron ores of all kinds, scrap steel, cast iron, coke, etc.) and types of materials for repair. Repair service has a significant impact on business performance. The mining stage does not meet the demand for raw materials for production because the South area of ​​Na Rua Iron Mine has entered the salvage phase, along with that, the investment and exploitation work in the North area of ​​Na Rua Iron Mine is still slow. slow, complicated procedure.

With flexible management, production and business in the first 6 months of 2022, revenue reached 1,318 billion dong, equaling 37% of the plan (plan); profit reached 40.9 billion dong, equal to 42% of the plan; pay 41.6 billion dong to the budget, equal to 45% of the plan; creating jobs for 752 employees with an average salary of 8.7 million VND/person/month. The company peeled 30,763 m3 of soil and stone, exploited 22,566 tons of raw ore, equal to 59% of the plan; produce 36,818 tons of concentrate, equal to 41% of the plan; 70,016 tons of steel billet, equal to 32% of KH; consumed 81,505 tons of steel billet, equal to 30% of the plan, etc.

In the first months of the year, due to the continuous occurrence of major problems with the blast furnace system, the company decided to deploy a new blast furnace system starting from mid-August 2022 and lasting for about 70 days instead of conducting in 2023. It is expected that for the whole year, revenue will reach VND 2,327 billion, equal to 66% of the plan, the reason for the low revenue is mainly due to the decrease in billet consumption compared to the plan. Profit was 20.15 billion dong, equal to 20% of the plan, the reason for the low profit was the decrease in billet production when the blast furnace system had to be stopped. Paying the budget 72 billion VND, equal to 78% of the plan.

Director of Iron and Steel Joint Stock Company Nguyen Van Phuong said: One of the biggest difficulties of the company is the blast furnace system since the beginning of the year until now, there have been continuous problems for a long time. The current state of the furnace wall has worn out all of the refractory bricks, the bottom brick is heavily corroded, so the blast furnace after fixing the current problem does not run to ensure productivity, potentially resulting a bottom platform incident that endangers personnel and equipment, etc.

To ensure the maintenance of production and business, in the last months of 2022, the company proposed a number of implementation solutions: On the basis of the remaining reserves of the South area, to urge and coordinate with the contractor to prepare to mobilize the machinery and equipment to accelerate the mining work, ending in 2022. Strengthening the maintenance plan for machinery and equipment at the selection workshop, focusing on operating the ball mill input feeding to ensure >25 tons/h. Continue to implement the plan to recover concentrates from tailings ore after selection by the processing system. Focus on major repair work in 2022 with the proposed items. Detailed construction of the schedule of major repairs for each item, especially for the blast furnace system to ensure quality, to meet the requirements of production.

Develop a plan to control the supply schedule of raw materials (iron ore, iron ore concentrate...) for each supplier; conduct market search and organize the procurement of raw materials for 2023. Continue to maintain the implementation of offers and tenders to purchase materials and goods to find suppliers with reasonable prices and quality assurance, particularly for materials of great value, strive to keep input prices stable in volatile market conditions, especially transportation costs, logistics costs, and import costs, etc. Prepare and arrange capital sources for the items serving the exploitation of the North Na Rua Iron Mine.

PV