Interfax reported that ArcelorMittal Kriviy Rih, Ukraine biggest steel producer, increased production of finished roll by 6.4% YoY to 2.16 million tonnes in January to May 2012.

The statement said that steel output increased by 11.1% to 2.549 million tonnes and pig iron 13.6% to 2.229 million tonnes. Production of finished roll in May came to 399,600 tonnes, steel 502,000 tonnes of steel and pig iron 443,000 tonnes.

Mr Paramjit Kahlon head of production at the plant said "ArcelorMittal Kriviy Rih's production was below plan in May, largely because of the continued repair of blast-furnace N9. Nonetheless and if we make a comparison with the same period of last year and production increased by 3.5%YoY. After the completion of repairs, blast-furnace N9's output reached 9,200 tonnes of pig iron a day. Logistics improved results from the previous month thanks to improvements in roll and concentrate shipments, as well as railcar turnover."

It was earlier reported that the company reduced production of finished roll by 8.2% to 4.938 million tonnes in 2011, steel down 7% to 5.703 million tonnes and pig iron 8% to 4.894 million tonnes.

Source - Interfax

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