Ukraine: Yenakievo Steel and Krasnodonugol halt operations

Yenakievo Iron and Steel Works and Krasnodonugol, both subsidiaries of Metinvest Group, have halted operations. Production has been disrupted by the ongoing armed hostilities and a blockade of railway transportation between the controlled and the uncontrolled territory of Ukraine. Since the beginning of the conflict in the region, Yenakievo Steel has experienced erratic supplies of…

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.…