Metinvest issues January-August output results for its subsidiaries

Tuesday, 06 September 2011 16:42:11 (GMT+3)   |  
       

In the January-August period of the current year, the steelmaking subsidiaries of Metinvest, Ukraine's largest vertically-integrated mining and steel group, saw an eight percent increase in their crude steel production to 9.762 million mt, an six percent rise in their finished steel production to 7.024 million mt and a seven percent increase in their pig iron output to 8.266 million mt.

In particular, in January-August, Ilyich Iron and Steel Works of Mariupol saw a 16 percent year-on-year increase in its crude steel production to 4.154 million mt and a 32 percent increase in its finished steel production to 3.189 million mt.

The crude steel output of Metinvest subsidiary Azovstal in the given period increased by four percent year on year to 3.883 million mt, while its finished steel output rose by eight percent year on year to 3.655 million mt.

In the given period, another Metinvest subsidiary Yenakievo Steel saw a 56 percent increase in its finished steel output to 1.287 million mt and raised its crude steel production by one percent to 1.726 million mt, both year on year.

Meanwhile, in the January-August period of the current year, the iron ore dressing and processing subsidiaries of Metinvest saw a one percent decrease in their iron ore concentrate production to 23.176 million mt and a one percent decrease in their pellet output to 8.131 million mt.

In particular, in January-August, Ingulets GOK saw a two percent decrease in its iron ore concentrate production to 9.534 million mt.
The iron ore concentrate output of Northern GOK in the given period decreased by two percent year on year to 9.517 million mt, while its pellet output declined by four percent year on year to 6.659 million mt.

Central GOK saw a one percent increase in its iron ore concentrate production to 4.125 million mt but a two percent decrease in its pellet production to 1.472 million mt.

 As regards Metinvest's coke output, the coke production of its subsidiaries in the January-August period increased by 28 percent compared to the same period of last year, rising to 4.558 million mt.

In particular, Avdiivka Coke and Chemicals Plant increased its coke output by 40 percent to 3.016 million mt, while the coke production of Azovstal went up by nine percent to 1.542 million mt, both on year-on-year basis.


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