Ukrainian mining and steel producing group Metinvest has announced that in the second quarter of the current year its crude steel production increased by 10 percent quarter on quarter to 2.19 million mt, as the company's subsidiary Azovstal increased output. In addition, in the given quarter Metinvest also produced 7.9 million mt of iron ore concentrate, down nine percent compared to the previous quarter. In the second quarter, the coal concentrate production of Metinvest decreased by 18 percent quarter on quarter to 781,000 mt.
In the January-June period, Metinvest's crude steel output amounted to 4.18 million mt, up eight percent, while iron ore concentrate output remained stable at 15.8 million mt, both year on year. In the given period, Metinvest’s coal concentrate production decreased by four percent to 1.58 million mt compared to the corresponding period of the previous year.
In the second quarter, the group's output of finished products increased by 14 percent to 1.7 million mt compared to the first quarter of the current year, while in the first half the finished steel output volume declined by 13 percent year on year to 3.21 million mt.