Industry News

Ukraine's Metinvest cuts some of its capacity

Views : 193
Update time : 2022-03-22 21:29:38
Ukraine’s steelmaker, Metinvest, would cut the capacity utilization rate to 30% at its long products plant DMK and iron ore mine in the Kryvbas region in Kamianske, central Ukraine.

Metinvest expressed the factories would stop production as the military conflict in the region intensified. In order to protect personnel safety and plant equipment from damage in the war, Metinvest has previously closed its factories in Mariupol and Zaporizhzhia.

Currently, the company is considering reviving the coking plant in Avdiivka after the area was heavily bombarded with fire on March 13.
Related News
Read More >>
Trump makes clear no intention of lifting tariffs on Canadian goods Trump makes clear no intention of lifting tariffs on Canadian goods
May .07.2025
Trump makes clear no intention of lifting tariffs on Canadian goods
Interpipe achieves new milestone in super-heavy pipe production Interpipe achieves new milestone in super-heavy pipe production
May .07.2025
Interpipe achieves new milestone in super-heavy pipe production
Taiwan's coated steel exports to US hit by tariffs and stronger NT dollar Taiwan's coated steel exports to US hit by tariffs and stronger NT dollar
May .07.2025
Taiwan's coated steel exports to US hit by tariffs and stronger NT dollar
Yieh Phui reports Q1 loss despite solid operations Yieh Phui reports Q1 loss despite solid operations
May .07.2025
Yieh Phui reports Q1 loss despite solid operations