Ukrainian mining and steel producing group Metinvest has announced that in the second quarter of the current year its crude steel production increased by 32 percent quarter on quarter to 2.2 million mt. In addition, in the given quarter Metinvest also produced 8.36 million mt of iron ore concentrate, up 12 percent compared to the previous quarter. In the second quarter, the coal concentrate production of Metinvest decreased by six percent quarter on quarter to 793,000 mt.
In the January-June period, Metinvest's crude steel output amounted to 3.87 million mt, down 32 percent, while iron ore concentrate output decreased by 12 percent to 15.8 million mt, both year on year. In the given period, Metinvest’s coal concentrate production decreased by 31 percent to 1.64 million mt compared to the corresponding period of the previous year.
In the second quarter, the group's output of finished products increased by 28 percent to 1.6 million mt compared to the first quarter of the current year, while in the first half the finished steel output volume declined by 31 percent year on year to 2.84 million mt.