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02 Feb
13:38

Metinvest raises output, favours flats over slab

Metinvest increased output of crude steel and iron ore products in 2021, but slab production declined, the company says. Crude steel output in the fourth quarter grew 1% on-quarter to 2.6 million tonnes due to the consolidation of Dneprovsky Iron and Steel Works (DMK) production volumes following its acquisition last July. In 2021 crude steel output increased 15% on-year to 9.53mt, driven by the acquisition of DMK and increased production at the Mariupol plants, K…
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