Dneprovsky Iron and Steel Works had to halt operations because of the coke deliveries stop and the lack of funds. Now the company is looking for ways to resume operation.
“Because we ceased receiving coke from Alchevsk, we started working with Evraz Yuzhkoks. But the company demands prepayment, and the coke price is $327-325 per ton. With such prices it’s difficult to balance positive operation, only losses will come”, the company economy director Vitaly Nagornyak says.
There are no problems with coke purchases, but it has to be either bought from Poland, or from Evraz at the above price.
“We are in constant talks with all raw materials and resources suppliers, as well as prospective customers, to start receiving money as soon as possible from any source to let our commercial services resume purchasing”, he added. (Ukrainian metal)