In January-March, Metalloinvest decreased pig iron output by 13.9% QoQ and by 5.3% YoY.

The decrease has to do with repairs of blast furnaces and the drop in the domestic consumption.

Steel output fell by 10.5% QoQ and by 4.2% YoY, to 1.2 million tons.

The share of high-added value products in sales totaled 45.6% as opposed to 39.2% in Q4 2018 and 45.9% in Q1 2018.

Sales to the Russian market remained on the Q4 2018 level – 29%. The sales to the Near East and North Africa increased 2-fold QoQ and by 43.5% YoY, to 26.5%. (Ukrainian metal)

Leave a Reply