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20 May
12:41

Metinvest’s first-quarter production falls, ore surges amid exports

Metinvest's plants in Ukraine are currently operating at various capacity utilisation rates, influenced by factors such as security, electricity availability, logistics and economic considerations, the firm says. In the first quarter, the group decreased production of crude steel by 5% quarter-on-quarter, reaching 469,000 tonnes, Kallanish notes. Hot metal output decreased 5% to 403,000t. Metinvest reduced crude steel output compared with Q1 2023 by 4% and pig…
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