In January-June Metinvest decreased output of various types of metal raw materials, except for coke.
According to the company statement, coke output totaled 2.19 million tons, up by 19% YoY, that of iron ore concentrate remained on the level of 15.81 million tons, while that of coal concentrate dropped by 4%, to 1.58 million tons.
Coke output in Q2 decreased by 5% MoM, to 1.06 million tons, due to the output decrease at Avdiivka Coke and Chemical Works and Azovstal by 9 and 65 thousand tons respectively, but this was partially compensated by the Zaporozhkoks increase by 16 thousand tons. The decrease was caused by the unstable deliveries of coal concentrates from the Ukraine-uncontrolled territories of Donbass.
Coke output increase in H1 by 19% YoY was the result of Avdiivka Coke resumed operation and the increase in demand. Some 75% of the coke produced was used by the Group companies. (Ukrainian metal)
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