In April-June Metalloinvest increased iron ore output by 4.8% QoQ, to 10.063 million tons.
The increase is due to the processing of a better quality ore as well as the decrease in repair time of machinery.
Pellets manufacture went up by 5.7%, to 7.23 million tons, and hot-briquetted/directly reduced iron – by 0.4%, to 2.029 million tons.
Steel output increased by 5.1%, to 1.246 million tons, and pig iron – by 0.9%, to 684 thousand tons.
Iron ore sales in Q2 totaled 6.214 million tons, remaining almost on the level of the previous quarter, but those of metal products dropped by 5.8%, to 1.562 million tons. (Ukrainian metal)