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03 Nov
15:15

Metinvest increases slab output amid demand recovery

Metinvest increased crude steel production in the third quarter by 22% on-quarter to 2.19 million tonnes due to greater hot metal production at Azovstal and Ilyich Steel. In January-September it rose 4% on-year to 6.15mt, Kallanish notes. Pig iron output increased by 17% on-quarter to 2.3mt and by 5% on-year in January-September to 6.4mt. This was the result of restarting operations at two blast furnaces at the Mariupol steel mills in May amid the recovery in mark…
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