Metinvest’s Azovstal sees reduced production in first half

Friday, 04 July 2014 17:29:43 (GMT+3)   |  
       

In the January-June period this year, Ukraine-based Azovstal, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, saw a 10.6 percent decrease in its crude steel production to 2.040 million mt and a 17.3 percent decline in its rolled steel production to 1.736 million mt, both year on year. In the given period, Azovstal's pig iron output declined by 8.7 percent year on year to 1.798 million mt.

In June this year, Azovstal produced 303,000 mt of finished steel products, 342,000 mt of crude steel and 292,000 mt of pig iron.

In July this year, the company plans to produce 264,000 mt of crude steel and 245,000 mt of pig iron.


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