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Metinvest increased the production of pig iron and crude steel

Ukrainian Metinvest increased the production of pig iron and crude steel in the first quarter.

Metinvest increased the production of pig iron and crude steel

Total pig iron production in this quarter of 2023 increased by 65.9% compared to the previous quarter and fell by 75.4% yearly to 448,000 tons.

Metinvest's crude steel production amounted to 491,000 tonnes, up 96.4% quarter-on-quarter and down 77.9% year-on-year.

In the meantime, the group's output of finished steel decreased by 62.7% annually to 547,000 tons. In particular, the production of flat products fell to 285,000 tons, a 74.3% year-over-year decline.

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