In June this year, integrated steel producer Azovstal, owned by Ukraine-headquartered mining and steel producing group Metinvest managed to increase all its production results considerably. Accordingly, in the given month, the company’s crude steel output increased by 30.5 percent year on year, to 398,000 mt, while its pig iron output amounted to 360,000 mt, rising by 35.8 percent month on month. As for the finished steel output, it increased by 30.8 percent month on month, to 374,000 mt in June.
As a result, in the first half of the current year, Azovstal’s crude steel output remained at the level of previous year, amounting to 2.05 million mt, while its pig iron production rose by six percent year on year, to 1.83 million mt. However, the company’s finished steel output in the first half of the current year is still 0.9 percent lower than the output produced during the same period of the previous year.