In 2015 Metinvest companies produced 7.67 million tons of steel, down by 17% YoY.

According to the group statement, pig iron output decreased by 13%, to 8.05 million tons.

Azovstal produced 3.21 million tons of steel and 2.83 million tons of pig iron, down by 11% and 10% YoY respectively. Mariupol Ilyich Iron and Steel Works decreased its steel and pig iron output by 25% and 15% respectively, to 2.65 and 3.58 million tons. Yenakievo Iron and Steel Works produced 1.82 million tons of steel and 1.65 million tons of pig iron, down by 12% and 11% YoY respectively.

The output decrease was the result of production fall due to the military conflict in the East of Ukraine, as well as the fall of the demand on key markets. (Ukrainian metal)

Leave a Reply