Azovstal Iron and Steel Works, a subsidiary of Metinvest, decreased production of finished steel by 21.9% YoY to 3.2 million tons during 9 months of 2012.
Steel output declined by 18.8% YoY to 3.5 million tons, production of crude iron reduced by 18.5% YoY to 3.0 million tons, while agglomerate output increased by 0.7% YoY to 1.5 million tons. (Phoenix Capital)