In 1995 they successfully bid for SSGPO, an iron ore mine, and Kazchrom, a ferroalloy producer.

FORBES: Emerging Market Gold

The court seized 50% plus one share of the Nikopol Ferroalloy Plant and froze any shareholder activity.

FORBES: Ukrainian Billionaire Stripped Of Another Asset

There's plenty stirring in Eastern Europe's steel markets: Yesterday a Ukrainian court seized control of billionaire Viktor Pinchuk's Nikopol Ferroalloy Plant and froze any shareholder activity, at the behest of that country's president, Viktor Yushchenko, (see "Ukrainian Billionaire Stripped Of Another Asset").

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