In January-June Metinvest produced 3.92 million tons of steel, 4.01 million tons of pig iron and 2.13 million tons of coke, all down by 6%, 6% and 3% YoY respectively.
Q2 steel output drop was 10% QoQ, to 1.85 million tons. At the same time pig iron output increased by 2%, to 2.03 million tons, and that of coke – by 18%, to 1.15 million tons.
According to the group, pig iron QoQ output increase was achieved thanks to the growth of production at Mariupol Ilyich Iron and Steel Works, which compensated for the decrease at EMZ and Azovstal.
Iron ore concentrate output decreased by 14% YoY in H1, to 13.65 million tons, that of pellets – by 15%, to 2.59 million tons, coking coal concentrate – by 8%, to 1.45 million tons.
In Q2 pellets output increased by 23% QoQ, to 1.43 million tons, iron ore concentrate – by 4%, to 6.97 million tons, while that of coal concentrate dropped by 17%, to 654 thousand tons. (Ukrainian metal)