Ukrainian plant of Evraz transferred under control of Metinvest

As the Kommersant has got to know, shareholders of Evraz have got rid of Dneprodzerzhinsk coke plant - it came under the control of Metinvest of Rinat Akhmetov, whose Avdeevka coke plant in the Donetsk region is located in the zone of fire and can’t guarantee a stable shipment of raw materials. However, the market doesn’t expect the rapid completion of the transaction on the change of ownership in the light of the difficult financial situation of Metinvest"

Evraz Dneprodzerzhinsk coke plant (DKHZ, the capacity is more than 500 thousand tons of coke per year), which belonged to shareholders of Evraz, has come under the control of Metinvest of Rinat Akhmetov, sources, close to both metallurgical holding companies told the Kommersant and a source at the plant confirmed. Mr. Akhmetov’s company actually manages DKHZ since the beginning of 2015, the Kommersant’s sources say.

In August 2014, general director of Metinvest Yuri Rizhenkov reported to Ukrainian mass media that the company " declared an interest" in DKHZ, as because of the conflict in the south-east of the country it had problems with provision with coke. It was about the interruption of the supplies from the Avdeevka coke plant of Metinvest, which is located in the Donetsk region, controlled by Kiev - the plant is still in the area of ​​attacks.