ArcelorMittal Kryvyi Rih’s pig iron output rises in Jan, crude and finished steel down

Monday, 15 February 2021 16:52:45 (GMT+3)   |   Istanbul
       

In January this year, ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steelmaker ArcelorMittal, focused on pig iron production, increasing output by 8.1 percent year on year to 468,000 mt. Meanwhile, its crude steel output in the given period fell by 3.5 percent year on year to 415,000 mt, while its finished steel output dropped by 14.1 percent year on year to 390,000 mt. The company’s output of iron ore agglomerate amounted to 800,000 mt in January, down 0.6 percent year on year.

In 2020, the company produced 4.7 million mt of crude steel, down 12.1 percent year on year. Meanwhile, its pig iron output decreased by 6.9 percent year on year to 4.9 million mt during the period in question, while its finished steel output amounted to 4.3 million mt, declining by 7.6 percent year on year. In the given year, the company produced 10.7 million mt of iron ore concentrate, up 8.3 percent year on year.


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