Ukraine: Metinvest steel and pig iron output up in Q1 2016

In January-March Metinvest companies produced 1.99 million tons of steel, up by 19% YoY and 17% QoQ. In particular, Yenakievo Iron and Steel Works produced 501 thousand tons of steel, while Mariupol Ilyich Iron and Steel Works – 715 thousand tons, with Azovstal producing 783 thousand tons, up by 91%, 21% and down by 4%…

Ukraine: Metinvest out of Ilyich-Stal and Mariupol Ilyich supervisory boards

Shareholders of Ilyich-Stal have recalled Metinvest B.V. (the Netherlands) from the supervisory board and appointed 5 people instead. In particular, Metinvest Holding CEO Yuri Ryzhenkov, Metinvest Holding Metal Division director Alexander Pogozhev, deputy financial director Julia Dankova, legal provision director Svetlana Romanova as well as the head of the legal department of Mariupol Ilyich Iron…