03
Feb
13:01
Europe demand lifts Metalloinvest’s 2020 pellet, HBI shipments
Metalloinvest decreased output of high value-added (HVA) iron ore products, as well as pig iron and pellet in 2020.
The company decreased output of iron ore in the fourth quarter by -1% on-quarter to 10.1 million tonnes, but increased by 0.5% on-year in 2020 to 40.4mt. This is mainly attributed to an increase in productivity due to the processing of higher quality ore. The decrease in Q4 is associated with equipment repairs.
Metalloinvest's output of iron ore…
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