Ukraine: EMZ explodes

Yenakievo Iron and Steel WorksLeave a comment

An accident happened at the Yenakievo Iron and Steel Works, situated on the Russia-occupied territory of Donetsk region. Locals have experienced failures in electricity supplies. Some spoke of an explosion at the works, others of a gas outburst. There is still no official confirmation of the accident. Metinvest lost control over EMZ on March 15,…

Ukraine: Interpipe restructures debt payment

InterpipeLeave a comment

Interpipe will issue new foreign corporate bonds valued at $309 million under its debts restructuring of $200 million with maturity in 2017. Moreover the company will also issue 192.058 thousand and 3.086 thousand value-restoring tools (units). All the parties concerned have as of September 27 carried out all the issues stipulated in the restructure agreement.…