"Metinvest" has maintained a quarterly steel production
steel Manufacturing in the factories of "Metinvest" in the third quarter of 2019 remained at the level of the previous quarter and amounted to 1 million 982 thousand tons. For 9 months of 2019 steel production in the group increased by 6% compared to the same period last year (APPG) – up to 5 million 905 thousand tons.
Quarterly pig iron production decreased by 1% compared to the previous quarter and amounted to 2 033 thousand tons. For 9 months of 2019, compared to the same period in 2018 with the production of iron in Mariupol plants decreased by 3% to around 6 million 41 thousand tons.
In the 3rd quarter of 2019 the production of finished products decreased by 8% compared to the previous quarter and amounted to 1 million 417 thousand tons. For 9 months of 2019 the production of finished products increased by 1% compared to the same period in 2018 and 4 million 455 thousand tons.
Earlier it was reported that all-Ukrainian trade began in October fell by 10%.
Metinvest Group is a vertically integrated group of steel and mining companies that manages every link of the supply chain, from mining to processing ore and coal, and the production and sale of semi-finished and finished steel products. The structure of the group consists of mining and metallurgical enterprises located in Ukraine, Europe and USA and has sales network covering all key global markets.
Dutch holding company Metinvest B. V., the parent company of a vertically integrated group of mining and metals company "Metinvest". The company's shareholders are the Rinat Akhmetov's SCM group and Smart-holding Vadim Novinsky.