Металлургия

Enakievo ISW group, which includes OJSC Enakievo Iron & Steel Works [ENMZ UZ, BUY], reported the following operational results in 4M08: pig iron, 971 thsd mt (+26.5% YoY); crude steel, 1,034 thsd mt (+15.6%); rolled products delivered, 1,026 thsd mt (+12.1%), of which finished long products 211 thsd mt (+76.5%).

Sukha Balka [SUBA UZ, N/R] has released its 2007 annual report. By mistake or for reasons unknown, the Assets half of the balance sheet has not made it into the electronic version of the report.

On May 05, an official Severstal-metiz press release announced that the Russian group, which owned a 60%+1 stake in Dniprometiz [DMPO UZ, N/R], has exercised its option of purchasing an additional 34.6% from the Ukrainian TAS group.

Avdiivka Coke [AVDK UZ, N/R] is convening a general meeting on June 19, one of the topics on the agenda being approval of a share offering plan. The proposed plan is to issue 1.458 mln of new shares that will have a face value of USD 0.348.

Yasinovka Coke [YASK UZ, N/R] has released its 2007 annual report.

Alchevsk ISW [LMKT UZ, BUY] has released its 2007 annual report.

Azovstal [AZST UZ, BUY] has released its 2007 annual report.

Avdiivka Coke [AVDK UZ, N/R] has released its 2007 annual report.

Stakhanov Ferroalloy Plant [SFER UZ, N/R] increased its net income 22 times to USD 18.3 mln and its net sales 44.3% to USD 186 mln in 2007.

According to Ukrainian News, the 2007 net income of Pivdennyy GOK [PGZK UZ, N/R] amounts to USD 119.6 mln, up dramatically from USD 1.1 in 2006.