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30 Jan
16:07

Asia demand lifts Metalloinvest’s 2019 pellet, HBI shipments

Russian iron ore miner and steel and metallics producer Metalloinvest increased output of high value-added (HVA) iron ore products, but reduced output of pig iron and steel in 2019. The company reduced output of iron ore in the fourth quarter by -2.2% on-year to 10.17 million tonnes, and by a fraction of a percent in full-year 2019 to 40.24mt. This was the result of the implementation of a number of upgrades aimed at increasing the quality of mined iron ore, inclu…
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