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Russia: Severstal and NLMK challenge EU’s cold-rolled steel duties

Russian steelmakers Severstal and Novolipetsk Steel (NLMK) have sent suits to the E.U.’s General Court challenging decision of the European Commission to introduce duties on imports of cold-rolled steel products from Russia, representatives of the companies reported. In August, the E.U. introduced an anti-dumping duty on cold-rolled steel from Russia and China for five years,…

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Ukraine: miners owed 800 million UAH

Salary debts at state mines have exceeded 800 million UAH. According to the Independent Miners Union of Ukraine chairman Mikhail Volynets, the unions demand 4.6 billion UAH in the 2017 budget to support the state coal sector, which will at any rate allow paying wages in time. But this money will not be enough to…

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Ukraine: Kominmet shareholders replace SB

Shareholders of Dniepropetrovsk Iron and Steel Works named after Komintern (Kominmet) have dismissed the board, having chosen Petr Kozak the general manager for a year. They have revoked all the members of the board, including the chairman Oleg Botyuk. The supervisory board and revision commission members have also been dismissed, including Alexander Butskikh (owns 19.7787%…

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