Ukraine: Yenakievo Works output down in January-August 2015
In January-August Yenakievo Iron and Steel Works, a part of Metinvest, produced 1.16 million tons of rolled metal, down by 32.4% YoY.
In January-August Yenakievo Iron and Steel Works, a part of Metinvest, produced 1.16 million tons of rolled metal, down by 32.4% YoY.
Yenakievo Iron and Steel Works, a part of Metinvest, has changed its legal address and registered anew in Mariupol.
The largest Ukrainian mining and metal company Metinvest has said that its enterprises are operating under Ukrainian law and its Khartsyzsk Pipe Works and Yenakievo Iron and Steel Works (both based in Donetsk region) have been re-registered in Ukrainian controlled Mariupol, and has expressed hope that VAT for exported goods will be refunded.
Metinvest Group states that Yenakievo Iron and Steel Works (Donetsk region) works in the legal field of Ukraine.
Yenakievo Iron and Steel Works started producing a new type of 22, 25 and 28 mm plain reinforcement bar.
In January-March Yenakievo Iron and Steel Works, a part of the Metinvest group, received 341.9 million UAH of profit.
In 2014 Yenakievo Iron and Steel Works (EMZ), a part of the Metinvest group, increased its net losses by 55.6%, to 771.82 million UAH YoY (496.01 million UAH in 2013).
In January-August Yenakievo Iron and Steel Works, a part of the Metinvest group, decreased its rolled metal output by 8.4%, to 1.72 million tons, YoY.