Industrial Union of Donbas (ISD; ) is one of the biggest corporations in Ukraine. It is a horizontally integrated holding company that owns or directs stocks of 40 industrial enterprises in East Ukraine, Hungary, and Poland. The company was created in 1995 and before the appearance of SCM Holdings in 2000 was a major steel rolling corporation in East Ukraine. According to Interfax, ISD produces 9.2 million of steel annually.[1] In 2012 World Steel Association ranking the corporation placed 33rd sharing it with JSW Steel Ltd.[2]
In 2021 a court process was initiated regarding bankruptcy of ISD.[3] Later, the Alchevsk Coke-Chemical Factory was recognized bankrupt and proceedings were initiated to liquidate a business entity.[4] In 2017 ISD was informing that lost control of the Alchevsk Coke-Chemical Factory.