Rebels seize control of some Metinvest assets in eastern Ukraine

Ukraine’s largest steelmaker, Metinvest, has seen its assets in the territory controlled by pro-Russian separatists seized by rebels, the company said on Wednesday March 15.

The facilities seized include long steel mills Yenakiieve Iron & Steel Works (Yenakiieve Steel), the Makiivka wire rod unit, pipe-making mill Khartsyzsk Pipe, and a number of coal assets. Yenakiieve Steel and Makiivka have been idled since late January due to the lack of raw materials caused by illegal blockades...


Vlada Novokreshchenova

March 16, 2017

22:42 GMT