Metinvest to Remove Azovstal Sinter Plant, Interfax Says

Metinvest, Ukraine’s biggest steelmaker, will remove from operation a sinter facility at its Azovstal plant, Interfax-Ukraine newswire reported citing Chief Executive Officer Igor Syry.

The plant will shift its sinter production to Mariupolsky Metallurgical Plant of Illich, Interfax reported. The cost of restoring sinter production at Illich will top $300 million, according to the newswire.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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