Metinvest’s steel division, including Ilyich, issues Jan-Nov output results

Monday, 06 December 2010 11:59:21 (GMT+3)   |  

The Ukrainian mining and steel producing group Metinvest has announced that in January-November this year its steel and rolled products division, including newly integrated plants Ilyich Iron and Steel Works and Makiivka Steel Works, produced 7.98 million mt of crude steel - up 25.7 percent, 8.6 million mt of rolled steel products - up 42.6 percent, and 6.91 million mt of pig iron - up 25 percent, all compared to the same period last year.

In particular, in January-November this year, Metinvest's steelmaking subsidiary Azovstal's crude steel output rose by 24.4 percent to 5.2 million mt, its pig iron production increased by 25 percent to 4.5 million mt and its rolled steel production climbed up by 25.7 percent to about five million mt, all compared to the corresponding period of 2009.

Ilyich's rolled steel product output during the period in question went up by 52.7 percent to about 3.63 million mt, its pig iron production increased by 32.5 percent to 4.28 million mt, while its crude steel output went up by about 33 percent to 5.1 million mt, all compared to January-November 2009.

In addition, in the first 11 months of the current year, the pig iron production of Metinvest's Yenakievo Iron and Steel Works rose by two percent to 1.96 million mt and its rolled steel output climbed up six percent to 2.2 million mt, both compared with the same period last year. Meanwhile, the plant's crude steel production went up by 4.3 percent year on year to 2.27 million mt.

Meanwhile, the January-November output of rolled products at Metinvest's Makiivka Steel increased by 46.5 percent year on year to 1.07 million mt.

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