The Ukrainian Metal

Ukraine: Kremenchuk Steel Works output down in Q1 2019

In January-March, Kremenchuk Steel Works produced 4292 tons of casting, down by 27.7% YoY.

Moreover, the plant is forced to fire over 500 employees in March-April.

This is done in order to bring the number of employees to the order volume and the debt to Ukrzaliznytsia. (Ukrainian metal)

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