Daily monitor

The Russian Federation is reportedly considering introducing either quotas or duties for coking coal exports.

Dniprovsky Iron & Steel Works named after Dzerzhinsky, or simply Dzerzhynka [DMKD UZ, BUY], was given a 49-year lease for a 24 ha land plot, to be used for construction of a power and heat plant.

During 1H08, Alchevsk ISW [ALMK UZ, BUY] increased rolled products output 42.7% to 2.406 mln mt.

Alchevsk ISW [ALMK UZ, BUY] plans to launch the 3 mln mt oxygen converter No. 2 in August.

In 1H08, Ukraine increased its production of steel by 4% to 22.2 mln mt and of coke by 10% to 11.2 mln mt, but decreased its output of pipes by 10% to 1.27 mln mt.

During a recent press conference, Mr. Yaroslav Bondarenko, the Director of Economics and Finance at HC AvtoKrAZ [KRAZ, N/R], has announced that the company plans to postpone its IPO, the preparation for which was initially scheduled for completion by the end of 2008.

Zaporizhtransformator [ZATR UZ, N/R], one of the largest producers of electric transformers equipment in the world, has signed a USD 24 mln contract for delivering four transformers and four shunt reactors to the national power company Ukrenergo.

On June 25, Ukraine resumed electricity export to Belarus due to failure of one of the largest power plants in Belarus, Lukomol Power Plant.

Prydniprovsk Dairy Plant, a Ukrainian independent dairy producer, held a successful AGM on June 30, 2008.

Zaporozhkoks [ZACO UZ, N/R] conducted this year’s AGM on June 27.