Metinvest’s Azovstal posts reduced output for January-May

Tuesday, 10 June 2014 17:28:21 (GMT+3)   |  

In the January-May period this year, Ukraine-based Azovstal, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, saw a 10.7 percent decrease in its crude steel production to 1.698 million mt and a 19 percent decline in its rolled steel production to 1.433 million mt, both year on year. In the given period, pig iron output declined by 8.4 percent year on year to 1.506 million mt.

In June this year, the company plans to produce 329,000 mt of crude steel and 286,000 mt of pig iron.

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