Zaporizhstal’s crude steel output down 9.5 percent in April

Tuesday, 05 May 2015 16:03:10 (GMT+3)   |   Istanbul
       

In April this year, Ukrainian steelmaker Zaporizhstal's finished steel product output decreased by 10.5 percent year on year to 247,600 mt, its pig iron production moved down by 5.6 percent to 259,300 mt, while its crude steel production decreased by 9.5 percent year on year to 293,500 mt, according to the company's results.

In the January-April period, Zaporizhstal saw a 3.4 percent year-on-year rise in its pig iron output to 1.12 million mt, while its crude steel production decreased by 4.4 percent year on year to 1.23 million mt.

According to the company statement, the decrease in production was caused by the capital repair of blast furnace No. 2 which was shut down in February this year. The capital repair in question cost about UAH 200 million ($9.64 million) and was finished within 57 days.


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