Ukraine: scrap export up in June 2020

In June, Ukraine exported 316 tons of metal scrap valued at $131 thousand, up by 51.9% and by 27.7% YoY respectively. According to the customs statistics, in the first half of the year, Ukraine decreased scrap exports by 54.2%, to 16.8 thousand tons valued at $4.3 million, down by 57.5%. The main customer was Turkey…

Ukraine: Metinvest to squeeze out Zaporozhogneupor shares

Barlenco Ltd. (Cyprus), affiliated with Metinvest, intends to use its right to squeeze out shares of Zaporozhogneupor minority holders. On July 6, Zaporozhogneupor received a notification from shareholders on reaching the dominating controlling shares on July 3. Prior to this, Metinvest B. V. owned 2,650,697 shares, or 45.385539% of the total, Zaporizhstal – 2,874,068 shares…