Financial Times: Ukraine’s first steel mill in 40 years

Print version
Oct. 9, 2012, 2:59 p.m. | Ukraine | Politics — by Kyiv Post

For Viktor Pinchuk, the controlling shareholder of Interpipe, one of Ukraine’s largest industrial groups, the new steel mill he unviled last week is about more than steel. “The art-loving businessman has designed the mill," known as Interpipe Steel, to also serve as an art exhibit, according to a Financial Times report.
© (Courtesy)

Kyiv Post

Roman Olearchyk writes: “The sun is rising over Ukraine’s once-grey metallurgical industry, literally and figuratively speaking. Ukrainian billionaire Viktor Pinchuk has formally launched operation of the first new steel mill built in Ukraine in 40 years.”

The report continues: "With a $700 million price tag, the Dnipropetrovsk electric arc steel mill is largest greenfield investment in Ukraine since independence in 1991."

Click here to read the report.

The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.
comments powered by Disqus


© 1995–2016 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.