Rinat Akhmetov wants to sell steel in Poland

Steel producer Metinvest has already registered its unit in Poland and is opening its office in Katowice. The business run by Rinat Akhemtov, Ukrainian oligarch has been facing difficulties in the domestic market, consequently, its owner plans to set up shop in Poland, Puls Biznesu daily reported. Thanks to Metinvest Polska, which was founded in June, Ukrainian steel will be imported to Poland. Stefan Dzienniak, the head of the Polish Steel Association claims that Metinvest may be tough competition for the Polish producers as the hryvnia and ruble exchange rates are very low. Last year, the volume of imports of Ukrainian steel to Poland increased by 20 percent, the association estimated.