Ukraine: rolled metal output up at EMZ in January-February 2016
In January-February Yenakievo Iron and Steel Works produced 333 thousand tons of rolled metal, up by 71.6% YoY.
In January-February Yenakievo Iron and Steel Works produced 333 thousand tons of rolled metal, up by 71.6% YoY.
In January-November Yenakievo Iron and Steel Works, situated in the Russia-supported terrorist-occupied zone, produced 1.64 million tons of rolled metal, down by 10.5% YoY.
Shareholders of the Makeevka Subsidiary of Yenakievo Iron and Steel Works, Komsomolskoye Mine Group and Donetskkoks (all from Donetsk region) plan to decide on the companies’ location at their meeting on December 17.
In January-September Yenakievo Iron and Steel Works received 578.5 million UAH of net losses as opposed to 1.24 billion UAH of losses in the three quarters of 2014.
Despite the words of Zakharchenko, the head of the so-called Donetsk People’s Republic, a terrorist organization, supported by Russia, Yenakievo Iron and Steel Works belongs to Metinvest and has no dealings with the terrorists.
In January-August Yenakievo Iron and Steel Works, a part of Metinvest, produced 1.16 million tons of rolled metal, down by 32.4% YoY.
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.