Ukraine: Yuliya Chermazovich appointed AMKR Director of HR Department

Yuliya Chermazovich has been appointed a Director of HR Department of ArcelorMittal Kriviy Rih. In this position, she directly reports to CEO of the company. Responsible for the implementation of HR strategy, she takes care of keeping and motivation, training and development of employees, engagement of employees of key specialties in difficult market conditions, promoting…

Russia: TMK to place $500 million Eurobonds at 4.3%

Russian oil and gas pipe producer TMK will place $500 million of 7-year dollar-denominated Eurobonds at a yield of 4.3%, a financial source reported. Demand for the Eurobonds exceeds $1.6 billion, the source said earlier. The initial yield guidance stood at 4.75% and was lowered to 4.3-4.35% during bookbuilding. On January 31 – February 4,…

EAEU: EEC extends duty on Ukrainian rolls

The Eurasian Economic Committee has decided to extend the 26% antidumping duty on Ukrainian steel rolls for metal-rolling mills till February 28, 2022. The protection measures are aimed at the imports of Novokramatorsk Machine-Building Works products. This is the fourth time the duty has been extended. It was initially introduced in December 2011. (Ukrainian metal)

Ukraine: separatists delaying wage payments to miners

The authorities of the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, acknowledged there were delays in paying salary, especially in mining and metal industries, in late 2019 and early January. According to them, the main reason is that the world does not recognize the “republic”. Moreover, the ongoing military activity,…