Ukraine: Alchevsk to relocate
At the meeting on January 11, 2016 Alchevsk Iron and Steel Works shareholders will discuss the relocation of the company.
Ukraine: ISD notices considerable steel price fall
In Q4 global market steel prices have fallen considerably.
Ukraine: Siemens litigating with Alchevsk
Siemens Ukraine has asked the Lugansk region Court to exact 10.88 million UAH of debt from Alchevsk Iron and Steel Works.
Ukraine: Alchevsk owing $57 million to Cyprus
The Lugansk region Court of appeals has left without changes the writ of the Lisichansk court to enforce the execution of the London International Arbitrary Court writ. The latter presupposes the exaction of $57.2 million of debts and 0.28 GBP of court fees from Alchevsk Iron and Steel Works in favor of Reachcom (Cyprus).
Ukraine: Alchevsk puts blast furnace #3 into operation
Alchevsk Iron and Steel Works has put its blast furnace #3 into operation after the overhaul. Thus the company now operates 2 blast furnaces – 3 and 5.
Ukraine: Alchevsk output down in January-October 2015
In January-October Alchevsk Iron and Steel Works, controlled by the Industrial Union of Donbass, produced 301 thousand tons of rolled metal, down by 86.9% YoY.
Ukraine: Demchishyn names Alchevsk electricity debt
Alchevsk Iron and Steel Works owes 300 million UAH for electricity consumed.
Ukraine: Alchevsk powered by Russian electricity
Ukraine started restoring power transmission lines that connect Lugansk and Uglegorsk thermal power stations to the state energy system. The repairs could be over in 2 months.