Ukraine: Donbass terrorists to make AMK and KhTZ work for pipeline creation

The terrorist organizations of the Lugansk and Donetsk People’s Republics, created and supported by Russia, intend to start producing large diameter pipes within the cooperation program of Alchevsk Iron and Steel Works and Khartsyzsk Pipe Works. Both companies are controlled by Vneshtorgservice of the fugitive oligarch Sergey Kurchenko. The electricity line will be repaired soon,…

Ukraine: Luhansk terrorists appoint provisional administration at AMK

On December 19 the terrorist organization of the Luhansk People’s Republic, created and supported by Russia, decided to appoint provisional administration at the Alchevsk Iron and Steel Works. “The decision has been taken due to the transport, power and economic blockade. The AMK idleness results in the negative influence on the machinery, the destruction of…

Ukraine: ISD officially states loss of control over Alchevsk Works and Alchevskkoks in uncontrolled territory

Industrial Union of Donbas (ISD) Corporation has officially announced the actual loss of effective managerial control over its production assets (industrial sites and office premises in Alchevsk, Luhansk region), including PJSC Alchevsk Iron and Steel Works, PJSC Alchevsk Coke and Chemical Plant (Alchevskkoks) and PJSC Ecoenergy, which together constitute a significant part of the ISD…

Ukraine: Russian oligarch eyes purchase of AMZ in occupied Donbas

Russian oligarch Alisher Usmanov is interested in Alchevsk Iron and Steel Works, a Ukrainian enterprise earlier seized by Russia-backed militants in the occupied Donbas, according to a Ukrainian MP, coordinator of Information Resistance analytical group Dmytro Tymchuk. Leaders of the self-proclaimed Donetsk People’s Republic (“DPR”) are failing to revive operations of most of the “nationalized”…

Ukraine: ISD continues to control AMZ and Alchevskkoks in uncontrolled territory

Industrial Union of Donbas (ISD) Corporation is currently controlling its production assets in Alchevsk, Luhansk region, namely Alchevsk Iron and Steel Works, Alchevsk Coke Chemical Plant (Alchevskkoks) and PJSC Ecoenergy, located in the temporarily uncontrolled territory of Ukraine. “Due to different interpretations of ISD Corporation’s statement made on November 29, we believe it is necessary…

Ukraine: ISD officially reports on “significant risk” of losing control over AMZ and Alchevskkoks

Industrial Union of Donbas Corporation (ISD) has officially reported on a significant risk of losing effective managerial control over the production assets (industrial sites and office premises in Alchevsk, Luhansk region), including PJSC Alchevsk Iron and Steel Works, PJSC Alchevsk Coke Chemical Plant (Alchevskkoks) and PJSC Ecoenergy, which together constitute a significant part of the…

Ukraine: terrorists unable to cope with AMK shut down results

The so-called Council of ministers of the Lugansk People’s Republic, a terrorist organization created and supported by Russia, has openly addressed the citizens of Alchevsk saying it has been unable to provide for the operation of its main enterprises. “Fellow countrymen! The government of the republic is worried by the situation at the major companies…

Ukraine: AMK gets new director

A new director has been appointed at Alchevsk Iron and Steel Works, situated in the pro-Russia militants-occupied territories. According to the Alchevsk journalist Oksana Sabardina, now residing in Zaporozhye, the new director is Alexei Smirnov, scientist-metallurgist. He is also a representative of the Russian owners of the works and the vice-president of Ukrainian Association of…

Ukraine: Ukrainian Exchange to exclude Alchevskkoks, AMK and Zaporizhstal shares from the list

The Ukrainian Stock Exchange intends to stop sales of Alchevsk Coke and Chemical Works, Alchevsk Iron and Steel Works and Zaporizhstal shares. According to the stock exchange, the decision has been taken because the companies have not disclosed their annual information. At the same time, the decision can be cancelled, if the companies disclose their…

Ukraine: June 2016 results for ATO zone works

June proved to be extremely unlucky for Ukrainian metal companies mostly because of the railroad strike. Steel smelting dropped by 19% MoM, to 1.87 million tons, pig iron output decreased by 20.5% MoM, to 1.79 million tons. Average daily steel output in June totaled 62.4 thousand tons as opposed to 73.2 thousand tons in May.…