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Azovstal iron & steel works has increased steel output by 25%

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In January-February this year, the Mariupol metallurgical plant has dramatically increased the steel production and the total rental.

Azovstal iron & steel works has increased steel output by 25%

iron and steel works "Azovstal" (Mariupol, Donetsk region), part of Metinvest group, in January-February this year increased its production of the total rental, according to operative data, by 28% compared to the same period last year to 699 thousand tons.

As have informed Agency "Interfax-Ukraine" the representative of the company, during this period, steel production increased by 25% to 776 thousand tons, iron - by 31.5%, to 689 thousand tons.

In February, "Azovstal" produced 319 thousand tons of the total rent, 365 thousand tons of steel, 333 thousand tons of iron.

As reported, "Azovstal" in 2019, reduced the production of the total rental by 3.2% compared to the 2018 year to 3,753 million tons, steel - by 1.6%, up to 4.016 million tonnes, pig iron by 6.3% to 3,475 million tons.

the Company is included into group "Metinvest", the main shareholders of which is the group "SCM" (71,24%) and "Smart holding" (from 23.76%), partnering in company's management. OOO "Metinvest holding" - managing company of Metinvest group.

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