HBIS Serbia Steel Logistics Bid Won By Ukranian Transit Company

500,000 tonnes worth of cargo will be moved this year. He continues by saying that HBIS Serbia does not completely rule out a rise in transportation volumes.

In Moskalenko’s words, “securing such a contract provides the UDP fleet with stable operation throughout 2023.” “Since the tender was held among the top Danube shipping companies, the battle was not simple. UDP put a lot of effort into winning and persuaded the partners to agree to favorable conditions. This win demonstrated the complete economic justification for fleet development and modernization.

The general director adds, “So this year we are devoting all our efforts in this area.”

Due to the weak global demand for steel goods in July of last year, the plant shut down blast furnace No. 1 at its Smederevo facilities. The blast furnace will be restarted if market conditions improve, according to HBIS Serbia, which has adjusted its operations to the current scenario.

With its two furnaces, the Smederevo factory has a capacity of roughly 2.2 million tonnes of steel per year, whereas No. 1 operates at a capacity of only about 900,000 t/y.steel

The product line includes pickled coil, electrolytic tinplate, and hot and cold rolled coil steel.