Metinvest’s crude steel output up six percent in January-September

Friday, 04 November 2016 16:34:28 (GMT+3)   |   Istanbul
       

Ukrainian mining and steel producing group Metinvest has announced that in the third quarter of the current year its crude steel production decreased by two percent quarter on quarter to 2.14 million mt, mainly due to Azovstal reducing output by 77,000 mt, driven by lower hot metal output. In addition, in the given quarter Metinvest also produced 7.13 million mt of iron ore concentrate, down 10 percent compared to the previous quarter. In the third quarter, the coal concentrate production of Metinvest decreased by five percent quarter on quarter to 739,000 mt.
 
In the January-September period, Metinvest's crude steel output amounted to 6.33 million mt, up six percent, while iron ore concentrate output declined by four percent to 22.9 million mt, both year on year. In the given period, Metinvest’s coal concentrate production decreased by seven percent to 2.32 million mt compared to the corresponding period of the previous year.
 
In the third quarter, the group's output of finished products decreased by three percent to 1.65 million mt compared to the second quarter of the current year, while in the first nine months the finished steel output volume declined by 10 percent year on year to 4.86 million mt.

Similar articles

Ukraine’s Metinvest sees fall in pig iron and crude steel output in 2022

21 Feb | Steel News

Metinvest launches production of premium iron ore concentrate at its Central GOK

19 Aug | Steel News

Metinvest’s Q2 output results hit by Covid-19, some support from iron ore and pig iron demand

06 Aug | Steel News

Ukraine’s Northern GOK sees 38.7 percent fall in pellet output in H1

27 Jul | Steel News

Metinvest’s Central GOK starts producing premium iron ore concentrate

16 Apr | Steel News

Metinvest halts production operation in Italy, slab output may be affected

01 Apr | Steel News

Metinvest’s Zaporizhstal posts weaker production results for 2019

07 Jan | Steel News

Metinvest’s crude steel output in Q3 unchanged from Q2

04 Nov | Steel News

Metinvest’s crude steel output up six percent in Q1

26 Apr | Steel News

Metinvest’s crude steel output up three percent in January-September

06 Nov | Steel News