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03 Nov
00:00

Ukraine crisis cuts Metinvest finished output by over a third

Ukraine's Metinvest registered a 35% quarter-on-quarter drop in finished products output in the third quarter to 1.39 million tonnes. This was due to a decline in pig iron and crude steel production caused by the conflict in Eastern Ukraine, Kallanish learns from the company. Flat products output fell 31% to 984,000t in Q3, while longs were down 41% to 339,000t. Pipe was particularly affected, with tubular products output falling 48% to 58,000t and large…
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