DMK Dzerzhynskogo To Supply Billets To Italian Duferdofin For Re-rolling

DMK Dzerzhynskogo, controlled by the Industrial Union of Donabss (IUD) will manufacture special billets to be re-rolled at Duferdofin. The Italian Government already approved a grant for implementation of this project. The implementation of this project will ensure stable operations for Duferdofin and afford the opportunity for IUD to have its own re-rolling facilities in Italy, according to company representatives. Concorde Capital: Duferdoin is the steel division of IUD’s main partner Duferco. IUD is successfully implementing its strategy to produce semi-finished good at its Ukrainian mills and further re-roll them at its own as well as Duferco’s capacities in Europe and the USA. This scheme will allow the company to avoid protection measures on markets closed for other Ukrainian steel.