The Zaporizhstal metallurgical plant in January-February 2020 reduced the output of finished rolled products by 3% compared to the same period last year - to 562.5 thousand tons.
According to the company press release published on Monday, steel production in two months of the year decreased by 1.9% - to 659.2 thousand tons, while production pig iron increased by 5.7% to 770 thousand tons.
In February, 370.1 thousand tons of pig iron, 321 thousand tons of steel, 270.5 thousand tons of rolled products were produced.
As reported, Zaporizhstal in January 2019 reduced the output of rolled products by 1.2% compared to January 2018 - to 292.3 thousand tons, steel - by 4.5%, to 338 , 3 thousand tons, but increased the production of pig iron - by 8.1%, up to 399.9 thousand tons.
Zaporizhstal Iron and Steel Works in 2019 reduced the output of rolled products by 5.3% compared to 2018 - to 3 million 348.7 thousand tons, steel - by 2.5%, to 4 million 4.5 thousand tons. tons, pig iron - by 0.6%, up to 4 million 360.8 thousand tons.
Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries of the world. The plant specializes in high-quality hot-rolled steel coils, hot-rolled sheets, cold-rolled sheets, cold-rolled coils made of carbon and low-alloy steels, as well as steel strip, black plate, bent sections.
Zaporizhstal is part of the Meinvest B.V. group, the main shareholders of which are Rinat Akhmetov's System Capital Management PJSC (71.24%) and Vadim Novinsky's Smart Holding group of companies (23.76%).