Home
/
News
/

IUD to Launch Metal Rolling Plant in UAE in 2008

IUD to Launch Metal Rolling Plant in UAE in 2008

18 January 2008

According to Interfax, the company’s CEO, Serhiy Taruta announced that the Industrial Union of Donbas plans to launch a metal rolling plant in the United Arab Emirates in 2008. The plant’s production capacity is 1 mln mt of armature and rolled wire per annum. Andriy Gerus: We expect the plant will create additional demand for Alchevsk Steel (ALMK: BUY) and DMK Dzerzhynskogo’s (DMKD: N/R) semi-finished steel products, fueling output growth at those companies in 2008-2009.

Latest News

News

23

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...

News

23

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...

News

23

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...