Ukraine: Fitch affirms Interpipe at ‘RD’

Fitch Ratings has affirmed Interpipe’s long-term issuer default rating (IDR) at ‘RD’ (Restricted Default), Fitch said in a press release.

Ukraine: AZOTSM appoints a new supervisory chairman

Shareholders of the Artemovsk Non-Ferrous Metals Processing Works (Donetsk regions) have dismissed Vadim Shpakovsky from the office of the chairman of the supervisor board, and appointed Roman Kipot instead.

Ukraine: ZTMK to buy 8.4 million cubic meters of gas in 2016

Zaporozhye Titanium and Magnesium Works, a part of Group DF, has announced a tender for delivery of 8.37 million cubic meters of natural gas in 2016.

Ukraine: Metinvest buy Avdiivka Coke shares

Metinvest B. V. (the Netherlands) has consolidated 87.14% of Avdiivka Coke and Chemical Works (Donetsk region).

Ukraine: Ferrexpo appoints Frauman its non-executive director

Ferrexpo plc, owner of the Poltava Mining and Processing Works, has appointed David Frauman its non-executive director.

Ukraine: SevGOK ends 9 months with profits

In January-September Severniy Mining and Processing Works (SevGOK, a part of Metinvest) received 32.15 million UAH of net profits, as opposed to 2040.28 million UAH of profits in the corresponding period of 2014.

Ukraine: Ilyich to close its Kiev office

Mariupol Ilyich Iron and Steel Works (Donetsk region) decided to close its representative office in Kiev. The corresponding decision was taken on October 29 by the supervisory board due to the economic expediency.

Ukraine: AMKR trade union demanding to stop firing people

ArcelorMittal Kriviy Rih primary organization of the metal and mining trade union demands from the company CEO Paramjit Kahlon to stop decreasing the employee number.

Ukraine: Krasnolimanskaya CEO bail lowered

The Donetsk regional court of appeals has lowered the bail for the Krasnolimanskaya coal company CEO Konstantin Kiselev, detained for plunder. In particular he could be set free for 5 million UAH, instead of 20 million UAH.

Ukraine: Avdiivka Coke profits in January-September 2015

In January-September Avdiivka Coke and Chemical Works received 55.8 million UAH of net profit, while in the corresponding period of 2014 it received 686.8 million UAH of net losses.

Metals of Ukraine & Russia: pellets, September 2015

Ukraine: new head at Krasnolimanskaya

By the decree of the Ministry for energy and coal industry Alexander Dubovik has been appointed the acting CEO of the Krasnolimanskaya coal company.

Ukraine: AMKR manager not to chair Ukrpost

The Ministry of infrastructure has held a meeting of the competitive examination for the office of the general manager of the Ukrainian state postal service enterprise “Ukrpochta”.

Ukraine: ISD appoints a new executive director

The Industrial Union of Donbass corporation has appointed Maxim Zavgorodny, the Dneprovsky Iron and Steel Works named after Dzerzhinsky CEO, its new executive director.

Ukraine: Metinvest to buy spares for locomotives

Metinvest decided to buy spare parts for 7 locomotives belonging to Ukrzaliznytsya (Ukrainian Railways) to serve on the Kamysh-Zarya – Volnovakha line, where the company transports most of its products.

Ukraine: AMKR to invest $1.2 billion in development

In 2016-2020 ArcelorMittal Kriviy Rih plans to invest $1.2 billion in its development.

Ukraine: gas explosion at Krasnolimanskaya mine

A gas-air mixture exploded at Krasnolimanskaya mine when the militarized mine-rescue squad of the Ministry for energy and coal industry was working there. One person was killed and two injured.

Ukraine: AMKR confirms interest in Oktyabrsk port privatization

ArcelorMittal Kirviy Rih has confirmed its interest in using the quay of the special seaport Oktyabrsk in Nikolaev for loading of its products.

Ukraine: AMKR to buy gas from Naftogaz under favorable conditions

ArcelorMittal Kriviy Rih CEO Paramjit Kahlon said the company was willing to buy natural gas from Naftogaz if it offered more favorable terms.

Ukraine: railroad transport decree needs reworking

The Railroad Transport draft law needs to be returned to the Ministry of infrastructure, as it doesn’t take into account most of the remarks of the carriers, says the Metallurgprom president Alexander Kalenkov.