Dutch mining and metallurgical group Metinvest B.V. (Metinvest) in January-September 2021 increased steel production by 13% compared to January-September 2020 - up to 6.93 million tons. Including the Mariupol Metallurgical Plant named after Ilyich (MMK named after Ilyich) increased steel production by 7% - up to 3.2 million tons, and the Azovstal plant in nine months increased production by 6% - up to 3.34 million tons.
Production of finished rolled steel at Metinvest's plants increased by 23% compared to January-September 2020 - up to 5.3 million tons, incl. production of flat products increased by 24% in three quarters to 4.4 million tonnes.
Pig iron production for nine months increased by 11% - up to 7.05 million tons. MMK them. Ilyich in January-September 2021 increased output by 7% compared to January-September 2020 - up to 3.7 million tons. Production at Azovstal increased by 3% to 2.9 million tons.
For nine months, the group has increased the production of total iron ore concentrate by 4% - up to 23.67 million tons. Metinvest explained the increase in production volumes by the growth of ore production at three GOKs (Severny Mining and Processing Plant, Inguletsky Mining and Processing Plant, Central Mining and Processing Plant) and the effect of operational improvements.
Metinvest Holding LLC is the management company of Metinvest Group. The main shareholders of Metinvest are Rinat Akhmetov's SCM group (71.24%) and Vadim Novinsky's Smart Holding (23.76%), which jointly manage the company.
In 2020, Metinvest increased steel production by 9% compared to the previous year - up to 8.27 million tons. Pig iron production for the year increased by 7% to 8.47 million tons. In 2020, Metinvest increased its total iron ore concentrate production by 5% to 30.5 million tonnes.
