Ukrainian mining and steel producing group Metinvest has announced that in the second quarter of the current year its crude steel production increased by one percent to 3.138 million mt compared to the previous quarter of the year. In the first half of the current year, Metinvest produced 6.239 million mt of crude steel, down eight percent year on year.
In addition, in the second quarter Metinvest produced 2.072 million mt of finished steel products, down eight percent quarter on quarter, including 1.327 million mt of flat products and 670,000 mt of long products. In the January-June period, the company's finished steel product output amounted to 4.324 million mt, decreasing by eight percent compared to the corresponding period of 2012.
In the second quarter, the coking coal production of Metinvest increased by five percent quarter on quarter to 3.028 million mt, while the company produced 9.339 million mt of iron ore concentrate, broadly unchanged compared to the previous quarter. In the first six months of the year, the company's coking coal production and iron ore concentrate output reached 5.924 million mt and 18.664 million mt, down three percent and up two percent respectively, both year on year.