Ukraine: working hours and wages down in Metinvest
Mariupol Ilyich and Azovstal Iron and Steel Works have switched to the policy of economy.
Mariupol Ilyich and Azovstal Iron and Steel Works have switched to the policy of economy.
In January-October Mariupol Ilyich Iron and Steel Works produced 2.02 million tons of rolled metal, down by 28.2% YoY.
Mariupol Ilyich Iron and Steel Works (Donetsk region) decided to close its representative office in Kiev. The corresponding decision was taken on October 29 by the supervisory board due to the economic expediency.
In January-September Mariupol Ilyich Iron and Steel Works received 0.58 billion UAH of net losses (1.07 billion UAH of profits in the first three quarters of 2014).
Mariupol Ilyich Iron and Steel Works has finished capital repairs of its sintering shop car dump.
Azovmash plans to produce equipment for converter overhaul at the Mariupol Ilyich Iron and Steel Works.
Metinvest Group of Companies has completed the capital repairs of the blast furnace #2 at the Mariupol Ilyich Iron and Steel Works.
Metinvest Group of Companies has completed the cold repairs of the Mariupol Ilyich Iron and Steel Works converter #1.