The Cyprus-registered holding company Centravis Ltd. announced that in 2009 its Ukrainian seamless stainless steel tube producing subsidiary Centravis Production Ukraine, based in the Nikopol city, saw a 41.08% YoY decrease in its tube production to 9,771 tons. Meanwhile, in 2010 it is planned that the subsidiary will increase its output by 48.4% YoY to…
According to Mr. Jean Jouet, CEO of ArcelorMittal Kriviy Rih, the Ukraine-based subsidiary of the world largest integrated metals and mining company ArcelorMittal, the company plans in 2010 to invest more that $200 million into the implementation of its modernization projects.Mr. Jouet said “After the slowdown in 2009, this year we intend to increase our…
Mr. Sayyid Fahad bin Mahmood Al-Said Omani, Deputy Prime Minister for the Council of Ministers, said at a meeting with Mr. Petro Poroshenko, Ukraine Foreign Minister, that the Sultanate of Oman would not impose restrictive sanctions on Ukrainian steel products.Mr. Proshenko paid an official visit to the Sultanate of Oman on February 21st where he…