Metinvest output to fall in 2014
Metinvest Group of Companies forecasts the decrease of its output in 2014 by 10% from the planned volumes.
Metinvest output down in Q3 2014
In July-September Metinvest companies decreased steel output by 42% QoQ.
7 metal companies halted
Due to the problems with raw materials delivery 7 mining-metallurgical companies, situated in the East of Ukraine, have halted their operation.
Yenakievo decreases metal output in January-August 2014
In January-August Yenakievo Iron and Steel Works, a part of the Metinvest group, decreased its rolled metal output by 8.4%, to 1.72 million tons, YoY.
Yenakievo to retain structural shapes output volumes
In June Yenakievo Iron and Steel Works intends to produce 9 thousand tons of structural shapes, close to May results. In particular, angles output is expected to reach 4.5 thousand tons (May level). Around 55-60% of the total volume will be covered by 100×100 mm angles. At the same time channel output is expected to…
Yenakievo earns less in 2013
In 2013 the dead loss of Yenakievo Iron and Steel Works (EMZ), a part of Metinvest group, increased 7 times, to 496 million UAH, while in 2012 it was on the level of 69.4 million UAH. EMZ increased its current liabilities by 89.4, to 17.5 billion UAH, but decreased its longterm ones 8 times, to…
Yenakievo increases rolled output
In January 2014 Yenakievo Iron and Steel Works, a part of Metinvest, increased its output of rolled metal by 6.5%, to 265 thousand tons YoY. Steel smelting increased by 10.4%, to 271 thousand tons, while pig iron manufacture rose by 8.1%, to 236 thousand tons. In January the company planned to produce 260 thousand tons…
Makeevka to supply less rolled wire to domestic markets
In January the Yenakievo Iron and Steel Works Makeevka subsidiary plans to supply 35 thousand tons of rolled wire, down by 18% as compared with December 2013. Due to the decrease in purchases during holidays rolled wire supplies to the domestic market will be decreased by 48%, to 16 thousand tons. Some of the output…