In January ArcelorMittal Kriviy Rih produced 416 thousand tons of rolled metal, up by 24.4% YoY, but down by 6.5% MoM.
Steel manufacture went up by 19.4% YoY, but decreased by 10.7% MoM, to 448 thousand tons. While pig iron output grew by 18.4% YoY, but fell by 10.4% MoM, to 395 thousand tons.
A low base in January 2014 with its active overhauls explains this YoY increase. Thus, in January 2014 the company produced 334.4 thousand tons of rolled metal, 375.4 thousand tons of steel and 333.4 thousand tons of pig iron, all down by 28.8%, 30% and 28.8% YoY respectively.
In December 2014 AMKR produced 445.2 thousand tons of rolled metal, 502.1 thousand tons of steel and 440.4 thousand tons of pig iron. (Ukrainian metal)