Reuters reported that Ukraine’s largest mining and metals group Metinvest planned to boost steel output to 25 million tons in the long run through acquisitions and modernization of its existing facilities.
Metinvest quoted its director Mr. Ihor Siryi as saying in a statement that “Our long term target is to reach the level of 25 million tons of steel per year. This will make us No 5 in the world.” (Reuters)