In January-March Metinvest produced 1124 thousand tons of coke, up by 0.98% QoQ, or by 11 thousand tons. This was mostly due to the increase in Avdiivka Coke and Chemical Works, Zaporozhye By-Product Coke Plant and Azovstal coke output by 13 thousand, 17 thousand and 17 thousand tons respectively. This has covered the drop at…
Metinvest Group has decided to change the ownership type of its Azovstal, Mariupol Ilyich Iron and Steel Works, Yenakievo Iron and Steel Works, Khartsyzsk Pipe Works, Avdiidka Coke and Chemical Works, and Central Mining and Processing Works from public to private joint-stock companies. “All the companies have held shareholders meetings and decided on changing the…
The Commercial Court of Kiev stated that the Industrial Union of Donbass companies debt to Metinvest Holding was 8.46 billion UAH, while Metinvest claimed 24.51 billion UAH. The court has decreased Metinvest claims in all three suits: two to Dneprovsky Iron and Steel Works named after Dzerzhinsky and one to Alchevsk Iron and Steel Works.…
United States Ambassador to Ukraine Geoffrey Pyatt has said that Metinvest in Mariupol is the example of extraordinary resilience of Ukrainian people According to the press release, the largest environmental project in Ukraine, sinter plant modernization, was demonstrated to the U.S. diplomat during his visit to the Mariupol Ilyich Iron and Steel Works. Pyatt was…
Metinvest-SMC, the retail seller of Metinvest metal, will supply 870.8 million UAH worth of rails, rolled metal and angles to Ukrzaliznytsia. According to the company statement, it has won the trades for the delivery of 771.8 million UAH worth of rails and 99 million UAH worth of rolled metal and steel angles. The corresponding agreements…
Metinvest Group of Companies has put Esra C to ship metal products to Italy. “The group has increased its fleet with a new Handysize vessel from Turkish Canbaz Group. Esra C will be supplying metal from Mariupol to Italian ports of Marghera, Monfalcone and Ravenna”, said the company in its statement. On April 22, the…
In January-March Metinvest companies produced 1.99 million tons of steel, up by 19% YoY and 17% QoQ. In particular, Yenakievo Iron and Steel Works produced 501 thousand tons of steel, while Mariupol Ilyich Iron and Steel Works – 715 thousand tons, with Azovstal producing 783 thousand tons, up by 91%, 21% and down by 4%…
The Commercial Court of Kiev has ordered the Alchevsk Iron and Steel Works and Dneprovsky Iron and Steel Works named after Dzerzhinsky to pay Metinvest Holding 6.97 billion UAH of debts for iron ore concentrate. In particular, DMKD has to pay 5.78 billion UAH (5.19 million of debt, 437.39 million of fines and 155.4 million…