10
Jul
15:19
DMKD prepares to resume production by end-July
Industrial Union of Donbass (ISD)’s Dneprovsky steelworks (DMKD) plans to resume production by the end of July after securing the supply of energy and raw materials.
The company’s shareholders agreed to provide funds to restart the steelworks after Ukrainian MP and ISD founder Serhiy Taruta had guaranteed to keep DMKD solvent. The plant’s debts will be restructured and repaid to creditors once operations stabilise.
DMKD has also appoint…
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Anonymous
Very good overview of the weekly steel market.
Anonymous