Ukraine: Alchevsk Works restores pig iron and sinter output
In February Alchevsk Iron and Steel Works plans to increase pig iron output to 173 thousand tons from 137 thousand tons in January.
In February Alchevsk Iron and Steel Works plans to increase pig iron output to 173 thousand tons from 137 thousand tons in January.
In 2015 Alchevsk Iron and Steel Works produced 624 thousand tons of rolled metal, down by 72.6% YoY.
The Commercial Court of Lugansk region has ordered Alchevsk Iron and Steel Works to pay 165.75 million UAH of main debt for gas supplied in January-September 2014, 90.36 million of inflation losses and 5.38 million UAH of 3% to Naftogaz Ukrainy.
The Donetsk Commercial Court of Appeals has confirmed the recovery of 254.98 million UAH of debts from Alchevsk Iron and Steel Works and the Industrial Union of Donbass under the credit agreement with the State Export and Import Bank.
In 2015 Lugansk region exporters and importers paid 1049 million UAH of taxes to the state budget.
Militants of the self-proclaimed Lugansk People’s Republic have stopped deliveries from Alchevsk Iron and Steel Works.
The ISD Corporation ponders the registration of its Alchevsk Iron and Steel Works on the Ukraine-controlled territory.
At the meeting on January 11, 2016 Alchevsk Iron and Steel Works shareholders will discuss the relocation of the company.