Ukraine: steel and rolled metal output to fall in August 2016

In August Ukrainian metal companies might decrease steel and rolled metal output by 4.5% and 5.3% MoM, to 2.1 million and 1.8 million tons respectively. According to Ukrmetallurgprom, pig iron output will remain on July levels – 2.1 million tons. In January-June steel output went up by 10% YoY, to 12.41 million tons, that of…

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Ukraine: Zakarpatvtormet fires chairman

Supervisory board of Zakarpatvtormet has dismissed Alexander Alyaniy from the office of the chairman and general director. He also occupied the same office in Ternopolvtormet. Yuri Osipenko has been appointed instead. Osipenko used to work in Azovstal and Metinvest. Ternopolvtormet appointed Alyaniy in July 2015. Metalinvest Ltd owns 90.5459% of Ternopolvtormet and 98.0236% of Zakarpatvtormet.…

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Ukraine: Metinvest to invest $300 million into GOKs

Metinvest has to spend over $300 million to make its mining and processing works correspond to the European standards. “Some pollutions at our companies are already within the European norms, so we can only welcome the implementation of the European environmental standards in Ukraine. But it’s a long way, we have just passed a small…

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