Private limited company Metinvest B. V. (the Netherlands) has increased its share in Azovstal Iron and Steel Works from 74.54305% to 74.66433%, or from 3133789.683 thousand shares to 3138888.507 thousand shares.
According to the Metinvest CEO Yuri Ryzhenkov, Mariupol Ilyich Iron and Steel Works and Azovstal Iron and Steel Works operate at 80-85% of their capacities, while Severny, Ingulets and Central Mining and Processing Works have all their capacities fully loaded.
The largest Ukrainian mining and metal company Metinvest has said that its enterprises are operating under Ukrainian law and its Khartsyzsk Pipe Works and Yenakievo Iron and Steel Works (both based in Donetsk region) have been re-registered in Ukrainian controlled Mariupol, and has expressed hope that VAT for exported goods will be refunded.
State Safety Service has stopped the VAT-reimbursement to Metinvest-Ukraine, Khartszysk Pipe Works and Yenakievo Iron and Steel Works, belonging to Rinat Akhmetov.
In January-June Khartsyzsk Pipe Works (KHTZ), a part of the Metinvest group, received 237.97 million UAH of losses.
In January-May major pipe companies of Ukraine produced 368.2 thousand tons of ferrous pipes, down by 40.1% YoY.
In January-March Khartsyzsk Pipe Works, a part of Metinevst group, received 115.2 million UAH of losses.
In January-February major Ukrainian companies produced 141,3 thousand tons of ferrous pipes, down by 29.8% YoY.
