Aleksandr Yaroslavskiy has bought the last Ukrainian asset of Evraz for $106 million

Aleksandr Yaroslavskiy has bought the last Ukrainian asset of Evraz for $106 million

The Russian company of Roman Abramovich has sold the Dnieper Metallurgical Plant Evraz-DMZ

Today the subsidiary company Evraz Fegilton Ltd. has signed an agreement to sell its share in Drampisco to the company Senalior Investments that is the part of the DCH group of Aleksandr Yaroslavskiy.

The Dnieper metallurgical enterprise produces steel, cast iron, rolled products and other products of them. In 2011 Dneprokoks joined the plant.

According to the data of 2017, steel production at Evraz-DMZ has decreased by 13.2% to 918 thousand tons compared to 2016. The industrial production of rolled metal products decreased by 11.7% to 785 thousand tons. The production of semi-finished products decreased by 8.4% to 508 thousand tons.  And also the output of finished rolled products dropped by 17.2% to 277 thousand tons.

The output of pig iron decreased by 4.6%, to 1.019 million tons compared to last year. But the smelting of commercial pig iron at the plant significantly increased by 99.6% to 174 thousand tons.

In general, the production of coke at Ukrainian Evraz assets decreased by 30%.

It should be reminded that on December 19, 2017 Evraz sold Ukrainian coke plant ‘Yuzhkoks’ for $ 63 million.

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