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31 Jul
11:11

Metinvest increases steel, merchant iron ore output

Metinvest Holding increased output of all products in the second quarter and first half of 2019, with crude steel output rising 2% and 3% respectively to 2 million tonnes and 3.9mt. The company's Q2 merchant semi-finished products output surged 31% on-quarter to 815,000t, but fell -12% on-year in H1 to 1.44mt, on the back of lower merchant pig iron output. The latter dropped -36% to 558,000t due to higher steel volumes redirected for production of semis and …
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