Ukraine’s Metinvest Jan-Mar steel output up 11.9% on year

摘要

Ukraine’s largest steel and mining group Metinvest increased its production to 2.17 million mt in January-March, up 11.9% from 1.94 million mt in January-March 2019, the company said in a statement Tuesday. Metinvest is a vertically integrated group that owns massive iron ore, coking coal mining and steel smelting assets. Metinvest controls Ilyich, Ukraine’s second-largest steelmaker and Azovstal, the No. 3 steelmaker. Ilyich produced 1.05 million mt of steel in January-March, up 9% year-on-year and Azovstal increased output of steel by 15% to 1.12 million mt, the company said.