The Alchevsk Metallurgical Plant (AMK), which is located on the territory of the unrecognized Luhansk People's Republic (LPR) has resumed the work of the heavy-plate rolling shop.
The company said that heavy-plate products "are in certain demand" in the Russian market and the shop resumed production in connection with the release of the recent decree of Russian President Vladimir Putin (on simplifying the access of goods from the Donetsk and Luhansk People's Republics to the Russian market). The AMK representative said about "the possibility of signing contracts and selling this product on the territory of the Russian Federation."
By the end of November, the plant plans to produce over 10,000 tons of rolled products. In December, production will increase to 40,000–45,000 tons of rolled products per month with the prospect of further growth.
As the heads of the DPR and LPR Denis Pushilin and Leonid Pasechnik said in June 2021, the enterprise, like other metallurgical assets of the republics, is now under the control of a “new investor”. It is called the LLC "Southern Mining and Metallurgical Complex" of the Russian businessman Yevgeny Yurchenko.
By: Eugene Gerden