Donestk Coke Plant May Remain Open

A representative of Donetsk Coke’s (DKOK: SELL) major shareholder, Metinvest, refuted the news last week that DKOK’s Rutchenkivsky Plant will be closed. Andriy Gostik: The company’s announcement is likely intended to ease social tension. The future is still uncertain because there are still concerns about decreasing output due to the lack of coke sales on the export market. We maintain our current recommendation.