In the January-February period this year, integrated steel producer Azovstal, owned by Ukraine-headquartered mining and steel producing group Metinvest, significantly strengthened its production results, as announced by local media.
In the given period, the company produced 776,000 mt of crude steel and 689,000 mt of pig iron, up 25 percent and 31.5 percent year on year, respectively. In the finished steel segment, in the first two months of the year Azovstal increased its output by 28 percent year on year to 699,000 mt, SteelOrbis has learned.