Ukrainian mining and steel producing group Metinvest has announced that in the third quarter of the current year its crude steel production decreased by three percent quarter on quarter to 1.8 million mt, mainly due to Azovstal reducing output by 82,000 mt in the given quarter. In addition, in the third quarter Metinvest also produced 6.79 million mt of iron ore concentrate, down three percent compared to the previous quarter. In the same quarter, the coal concentrate production of Metinvest decreased by 12 percent quarter on quarter to 577,000 mt.
In the January-September period, Metinvest's crude steel output amounted to 5.72 million mt, down 10 percent, while iron ore concentrate output declined by 11 percent to 20.44 million mt, both year on year. In the given period, Metinvest’s coal concentrate production decreased by 13 percent to 2.02 million mt compared to the corresponding period of the previous year.
In the third quarter, the group's output of finished products decreased by four percent to 1.34 million mt compared to the second quarter of the current year, while in the first nine months the finished steel output volume declined by 11 percent year on year to 4.33 million mt.