OREANDA-NEWS. April 27, 2010. Azovstal Iron & Steel Works <AZST UK HOLD> disclosed its 2010 production plans. According to its 2009 annual report, which was made public via the information system of the Securities and Stock Market State Commission (SSMSC), the Company intends to increase pig iron output by 21.1%, crude steel output by 20.5% and rolling metal output by 29% in 2010.

Millennium Capital: the Company’s plans correlate with Millennium Capital’s forecasts of the crude steel and pig iron output, but are a little bit higher in terms of the rolling metal output. Millennium Capital sees this news as neutral for the Company’s stocks because the current stock price already includes these forecasts.