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07 Feb
15:14

Metinvest's 2017 longs output halves, flats rise

Ukrainian steelmaker Metinvest posted a -10% decline in total finished steel production to 5.81 million tonnes in 2017. The rise in finished steel production however could not offset the fall in longs output, Kallanish learns from the company's 2017 operating report. Longs production decreased -52% on-year to 912,000 tonnes in 2017 due to a slump in output at Promet Steel to 154,000t, as new supplies of billets for re-rolling had to be ar…
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