Alexander Frolov, president and chairman of BoD of the Russian mining and steel producing company Evraz Group (Evraz), has expressed his company's interest in acquiring additional steel producing and mining assets in Ukraine.
According to Mr. Frolov, although Evraz does not have any particular plans at the moment, the company would be very interested in increasing its presence in the Ukrainian coking coal, steel and iron ore markets. In particular, the group would be keen on participating in the privatization process of Ukrainian coking coal mines, if the government of the country decides to transfer them into private ownership.
On the other hand, Evraz is planning to invest in the development of its newly owned Ukrainian assets, including the Sukhaya Balka iron ore mining and processing complex, DMZP, and three coking plants - i.e. Bagleykoks, Dneprkoks, and Dneprodzerzhinsk Coke Chemical Plant. Especially, Evraz is planning to invest in the reconstruction and development of DMZP.