In April this year, the production results of Ukraine-based Zaporizhstal, an integrated steel mill belonging to Metinvest Group, weakened considerably. According to the company’s official statement, in April Zaporizhstal produced 223,300 mt of crude steel and 277,500 mt of pig iron, down 34.5 percent and 27.4 percent respectively, both year on year. Such a significant decrease resulted from maintenance works at blast furnaces No. 2 and No. 5 and, in particular, from the current market environment.
In the January-April period this year, the company’s crude steel and pig iron outputs respectively decreased by 13.6 percent and 6.3 percent year on year to 1.183 million mt and 1.403 million mt. Meanwhile, its finished steel output totaled 1.02 million mt in the given period, down 12.7 percent year on year, SteelOrbis has learned.