21
Feb
16:30
Metinvest halts Yenakiieve, Krasnodon Coal on railway blockade
Metinvest has suspended production at Yenakiieve Steel and coking coal producing subsidiary Krasnodon Coal on account of the railway blockade in eastern Ukraine. This is disrupting raw materials procurement and finished steel shipments.
Yenakiieve Steel has completed preparations for temporary mothballing. A blow-out of blast furnace nos. 3 and 5 has been performed and the basic oxygen furnace shop has stopped operating. Production at Yenakiieve's …
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Very good overview of the weekly steel market.
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