Metinvest’s steelmaking subsidiaries issue Jan-July output results

Tuesday, 03 August 2010 17:29:48 (GMT+3)   |  

The steelmaking subsidiaries of the Ukrainian mining and steel producing company Metinvest Holding (Metinvest) have issued their production results for July and for the first seven months of this year.

Accordingly, in January-July 2010, Azovstal increased its crude steel output by 42.7 percent to around 3.295 million mt, saw its pig iron production rise by 43.6 percent to 2.845 million mt and its rolled steel production increase by 45.6 percent to 3.084 million mt, all compared to the corresponding period of 2009. Meanwhile, Azovstal's bulk coke output registered an increase of 10.6 percent year on year to 1.229 million mt.

In July this year, Azovstal produced 380,800 mt of pig iron - down 10.1 percent, 422,700 mt of crude steel - down 12.7 percent, 405,900 mt of rolled steel products - down 7.4 percent and 184,600 mt of bulk coke - up 3.2 percent, all compared to June 2010. The company says that the production output decline in July 2010 is attributed to unscheduled repairs of main production units.

In January-July this year, Yenakievo Iron and Steel Works' pig iron production rose by 6.7 percent to 1.286 million mt and its rolled steel output climbed up 10.4 percent to about 1.432 million mt, both compared with the same period last year. Meanwhile, the plant's crude steel production went up by 8.9 percent year on year to 1.49 million mt.

In July, Metinvest subsidiary Yenakievo produced 194,600 mt of pig iron - up five percent, 225,500 mt of crude steel - up 4.6 percent, and 205,000 mt of rolled products - down 2.5 percent, all compared to June.


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