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Metinvest increased annual iron and steel production by 15%

Ukraine / Ferrous metallurgy

In 2021, the production of pig iron, steel, finished metal products, iron ore concentrate and commercial semi-finished products increased at the plants of the Metinvest mining and metallurgical holding.

Metinvest increased annual iron and steel production by 15%

Metinvest B.V., the parent company of an international vertically integrated group of mining and metals companies (Metinvest), increased steel production by 15% to 9,533 thousand tons in 2021. Smelting increased as a result of the purchase of production facilities in the city of Kamenskoye (933 thousand tons), as well as an increase in production at Mariupol plants.

Mariupol Ilyich Iron and Steel Works (MMKI) increased steel production by 189 thousand tons due to an increase in molten iron smelting. Azovstal, in turn, increased steel production by 143 thousand tons, mainly due to a decrease in commercial pig iron production.

Pig iron production at Metinvest plants also increased by 15% compared to 2020 - up to 9,709 thousand tons - due to the purchase of a single property complex of DMK (849 thousand tons), as well as due to an increase in pig iron production at MMKI - by 387 thousand tons, mainly due to the increase in the productivity of blast furnaces and repairs carried out in the furnace fund in 2020.

In 2021, the production of finished products increased by 23% compared to the same period last year - up to 7,233 thousand tons.

In 2021, the production of total iron ore concentrate at Metininvest's GOKs increased by 3% year-on-year to 31,341 kt due to increased ore mining and processing, as well as the implementation of the capital investment program of recent years.

In 2021, the production of marketable iron ore products at Metinvest decreased by 8% compared to 2020, to 17,530 thousand tons. Thus, the production of commercial concentrate decreased by 17%, to 11,719 thousand tons, due to an increase in intra-group consumption and the integration of production capacities of DMK, as well as a redistribution of the portfolio of orders in favor of pellets. As a result, the production of marketable pellets increased by 18% to 5,811 thousand tons

In 2021, the production of coal concentrate almost doubled compared to 2020, to 5,542 thousand tons, as a result of the consolidation of the volumes of the Pokrovskaya Coal Group since March 2021, the effect of which amounted to 2,636 thousand tons.

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