Metinvest’s iron ore subsidiaries issue Jan-July output results

Wednesday, 04 August 2010 11:54:06 (GMT+3)   |  

The iron ore subsidiaries of the Ukrainian mining and steel producing company Metinvest Holding (Metinvest) have issued their production results for the first seven months of 2010.

Accordingly, in January-July this year, Metinvest's iron ore subsidiary Central GOK (CGOK) increased its concentrate output by 20.3 percent to about 3.565 million mt and saw a small rise in its pellet production by 0.2 percent to around 1.3 million mt, both compared to the same period last year.

During the first seven months of the current year, Severniy GOK (SevGOK) produced 8.5 million mt of concentrate - up 14 percent year on year, and about 6.1 million mt of pellets - up 29.7 percent year on year.

Meanwhile, in January-June 2010, Metinvest's Inguletskiy GOK (InGOK) registered a 60.5 percent increase year on year in its concentrate production to 9.088 million mt.


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