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Ukrainian Metal
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Banks and bondholders are at loggerheads over Metinvest‘s debt restructuring, with talks becoming increasingly tense as lenders fight to have loan debt recognized as senior to Eurobonds, lenders involved in the negotiations said.
In January-April ArcelorMittal Kriviy Rih produced 1.78 million tons of rolled metal, up by 7.7% YoY.
Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD) plans to increase steel output by 9%, or by 227.9 thousand tons, to 2760.4 thousand tons in 2015 YoY.
In 2014 Krasnogorovka Refractory Works (Donetsk region) received 1.95 million UAH of losses.
The mining enterprises of Ukraine in January-April exported 14.75 million tons of iron ore, up by 13.9% YoY.
In January-April Ukrainian companies produced 7.08 million tons of carbon steel, down by 29.7% YoY.
In January-March Yenakievo Iron and Steel Works, a part of the Metinvest group, received 341.9 million UAH of profit.
In March Ukraine (not counting the temporarily occupied territories of Crimea and Sevastopol) mined 2 million tons of coal, down by 61.1% YoY.
