Ukrainian mining and steel producing group Metinvest has announced that in the first quarter this year its crude steel production declined by four percent quarter on quarter to 1.82 million mt. In the given quarter, Metinvest produced 6.92 million mt of iron ore concentrate, down one percent compared to the previous quarter. In the first quarter, the company’s coal concentrate production increased by 12 percent to 633,000 mt quarter on quarter.
In the given period, the group's output of finished steel products remained stable at 1.47 million mt compared to the fourth quarter of 2017. In addition, in the first quarter this year, Metinvest’s flat steel production rose by two percent to 1.19 million mt, due to a rise in production at Ilyich Steel, while its long steel production went up by five percent to 231,000 mt, both quarter on quarter.