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                        FRIDAY, MARCH 29, 2024
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GISMETEO.RU
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Business    

Eastern blockade forces closure of two Metinvest steel plants
Journal Staff Report

KIEV, Feb. 21 - Yenakiyeve Steel Plant (Donetsk region) and PJSC Krasnodonvuhillia (Luhansk region), part of Metinvest Group, located in the temporarily uncontrolled territory of Ukraine, have stopped production due to continuing military operations and rail traffic blockade in the “ATO zone."

According to a group press release posted on the website of the Irish Stock Exchange, the companies halted operations on February 20.

It is noted since the beginning of hostilities in the region Yenakiyeve Steel Plant has been working in the conditions of irregular supplies of iron ore. After protesters had blocked rail traffic on the Yasynuvata-Skotovata route, imports of raw materials and exports of finished products became impossible.




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