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03 Nov
12:22

Metinvest's 9-month hot metal, steel output rise

Metinvest’s hot metal output rose by 9% on-year in the first nine months of 2016 to 6.61 million tonnes, driven by a partial rebound in production at its steel plants. This followed a decline in the first half of 2015 owing to the continuing conflict in Eastern Ukraine. Nine-month hot metal output increased by 178,000t at Ilyich Steel, 180,000t at Azovstal and 168,000t at Yenakiieve Steel, the company says in its trading update monitored by Kallanish. The …
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