Ukraine: Interpipe changes structure

Interpipe decided to change the business management model. From now on the company is divided into steel, pipe and railroad divisions. Steel products division includes Interpipe Steel, Interpipe Vtormet, the Lime Factory, as well as subdivisions of scrap purchase and steel billet sales. Andrei Korotkov, Interpipe Steel commercial director, has been appointed CEO of the…

Russia: AMZ insolvent

The arbitrary court of the Sverdlovsk region will decide on announcing the Alapayevsk Iron and Steel Works insolvent. A respective claim was submitted on January 22 by an individual claiming 1.191 billion rubles from the company. Alapayevsk Iron and Steel Works has been operating since the 18th century and specializes in the manufacture of blast…