Donetskstal bought equipment from Azovmash

"Azovmash has contracted with" Donetsksteel - Steel Works to supply Charging apparatus with a diameter 4,2 m and the two valves, hot blast CGD 1100. According to the press service of Azovmash. In accordance with the agreements, the equipment must be delivered to the address Donetsksteel 2012. Previously reported that in January 2011 compared with December 2010 Donetskstal increased steel production by 5%, or 2 tons, to 42 tons. However, in January, the company reduced the output of pig iron by 4% or 5 thousand tons to 120 tons. Compared with January 2010, in January 2011 Donetskstal open-hearth steel production decreased by 14,3%, or 7 tons. Recall that in 2010 over 2009 plant increased the production of open-hearth steel by 0,2%, or 1 thousand tons to 529 thousand tons. "Azovmash" was created in 2000 as a management company Mariupol Heavy Machine Building Plant, JSC Azovzagalmash, Mariupol thermal plant and Leading Specialized Design-Technological Institute. 50% +1 share Azovmash state-owned and operated by the State Property Fund, 50% -1 share - a registered company in Cyprus "Wessanen Trading Ltd". It was reported that in 2010 Azovmash finished with a net profit of 2.8 million USD. By increasing the net income of 5.89 times compared with the previous period to 450.89 million USD. Company Donetskstal specializes in production and sales of cast iron, open-hearth steel and steel products. Formed on the basis of domain and open-hearth shops of the Donetsk Metallurgical Plant. Cyprus company Fintest Trading 100%-owned factory. The ultimate owner of the business is an entrepreneur Victor Nusenkis. Ministry of Industry