IUD subsidiaries issue 10 months production results

It is reported that Alchevsk Iron and Steel Works and Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD), the steelmaking subsidiaries of the Ukrainian steel producer Industrial Union of Donbass, have issued their preliminary production results for the first ten months of the current year.Accordingly, in January to October Alchevsk Iron and Steel…

Ukraine pipe production in mid October down by 10% MoM

It is reported that in October the Ukrainian pipe making industry demonstrated a 9.6% MoM decline rate. The underperformers were Khartszysk Pipe Works, Lugansk Tube Plant and Interpipe Niko-Tube with 25.0%, 13.6% and 36% MoM drop in output respectively.According to a Millennium Capital analyst “The news is neutral for pipes. Unexpectedly, this month Khartszysk Pipe…