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03 Nov
13:39

Metinvest increases third-quarter longs output amid DMK acquisition

Metinvest increased crude steel production in the third quarter by 16% on-quarter to 2.57 million tonnes. This is due to the consolidation of Dneprovsky Iron and Steel Works (DMK) production volumes following its acquisition in July, and greater hot metal production at Ilyich Steel. January-September output rose 13% on-year to 6.9mt, Kallanish notes. Pig iron output increased by 18% on-quarter to 2.65mt and by 11% on-year in January-September to 7mt. This was the …
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