Azovstal drops output in 5 months of 2014
In January-May Azovstal Iron and Steel Works, a part of the Metinvest group, produced 1.43 million tons of rolled metal, down by 19% YoY. In the given period the works produced 1.69 million tons of steel and 1.5 million tons of pig iron, down by 10.7% and 8.4% respectively. Due to the shutdown of the…