Metinvest Intends To Invest USD 4 bln to Upgrade 4 Blast Furnaces

2 August 2008

According to Ihor Korytko, head of the steel and rolled steel division at Metinvest, the company intends to invest USD 4 bln to upgrade four blast furnaces at Enakievo Steel (ENMZ: U/R) and Azovstal (AZST: BUY). Metinvest plans to increase steel output 10% yoy to 9.4 mln mt in 2007 and to 12.5 mln mt in 2012.

Останні новини

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

Детальніше

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

Детальніше

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...

Детальніше