In January to June period of the current year Ukraine’s largest vertically integrated mining and steel group Metinvest saw a 77.6% increase in its crude steel production – to 7.345 million tons, helped by the use of high quality coke. In particular, in the given period Metinvest saw a 73.4% YoY increase in its pig iron production – to 6.166 million tons.
In January to June Metinvest semi-finished steel output went down by 12.5% YoY to 1.424 million tons. In particular, production of slabs increased by 7.3% to 1.187 million tons, while square billet output declined by 54.5% to 237,000 tons influenced among other factors by the decommissioning of open-hearth furnaces at Azovstal Iron and Steel Works.
In January to June the finished steel output of Metinvest increased by 118.5% YoY to 5.106 million tons including 3.402 million tons of flat steel, up by 197.1% YoY, 1.286 million tons of long products, up by 27.2% YoY, 324,000 tons of pipes, up by 211.5% YoY, and 94,000 tons of rail products, up by 22.1% YoY. (SteelOrbis)