Metinvest’s Ilyich increases its steel output in Q1

Monday, 06 April 2020 14:11:32 (GMT+3)   |   Istanbul
       

In the first quarter this year, Ukraine’s Ilyich SW, which belongs to the Metinvest international group of companies, strengthened its production results as expected.

In the January-March period, the company’s finished steel production rose by 2.7 percent year by year to 873,000 mt, while its crude steel output increased by 8.7 percent year on year to 1.051 million mt. As SteelOrbis reported previously, in November 2019 Metinvest launched its renovated mill 1700, having increased its hot rolled coil capacity from 1.3 million mt to 2.5 million mt per year. In the first quarter this year, the company’s pig iron output totaled 1.091 million, decreasing by three percent year by year, SteelOrbis understands.


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