<p>Leading Russian iron ore, merchant HBI & steel producer Metalloinvest has announced operational results for 2021. Metalloinvest CEO Mr Nazim Efendiev said "In 2021, we continued to strengthen our position in premium products, which are used in low-carbon steelmaking. Production volume of high-quality concentrate and pellets increased. At the same time, Mikhailovsky GOK not only produced a record 15.A million tonnes of pellets, but also, following the implementation of the investment programme, forthe first time offered its partners over 200,000 tonnes of DR-grade pellets. After the planned overhaul of two HBI Plants at Lebedinsky GOK in 2021, we expect to increase the total production of metallised products HBI/DRI at LGOK and OEMK to 8 millionn tonnes this year.”</p><p>Production</p><p>Iron ore - 40.8 million tonnes, up 0.8% YoY</p><p>Pellets - 28.5 million tonnes, up 3.4% YoY</p><p>HBI/DRI -7.7 million tonnes, down 0.6% YoY</p><p>Hot metal - 2.4 million tonnes, up 4.4% YoY</p><p>Crude steel - 4.9 million tonnes, down 1.3% YoY</p><p>Shipments</p><p>Iron ore - 7.4 million tonnes, down 6.7% YoY</p><p>Pellets - 15.8 million tonnes, down 1.2% YoY</p><p>HBI/DRI -4.2 million tonnes, down 6.3% YoY</p><p>Pig iron - 1.4 million tonnes, up 14.7% YoY</p><p>Steel products - 4.6 million tonnes, down 1.9% YoY</p><p>At the end of 2021, agreements were signed for the construction of the new HBI-4 Plant at LGOK, and Mikhailovsky HBI, by shareholding company USM with a capacity of over 2 million tonnes each.</p>
<p>Leading Russian iron ore, merchant HBI & steel producer Metalloinvest has announced operational results for 2021. Metalloinvest CEO Mr Nazim Efendiev said "In 2021, we continued to strengthen our position in premium products, which are used in low-carbon steelmaking. Production volume of high-quality concentrate and pellets increased. At the same time, Mikhailovsky GOK not only produced a record 15.A million tonnes of pellets, but also, following the implementation of the investment programme, forthe first time offered its partners over 200,000 tonnes of DR-grade pellets. After the planned overhaul of two HBI Plants at Lebedinsky GOK in 2021, we expect to increase the total production of metallised products HBI/DRI at LGOK and OEMK to 8 millionn tonnes this year.”</p><p>Production</p><p>Iron ore - 40.8 million tonnes, up 0.8% YoY</p><p>Pellets - 28.5 million tonnes, up 3.4% YoY</p><p>HBI/DRI -7.7 million tonnes, down 0.6% YoY</p><p>Hot metal - 2.4 million tonnes, up 4.4% YoY</p><p>Crude steel - 4.9 million tonnes, down 1.3% YoY</p><p>Shipments</p><p>Iron ore - 7.4 million tonnes, down 6.7% YoY</p><p>Pellets - 15.8 million tonnes, down 1.2% YoY</p><p>HBI/DRI -4.2 million tonnes, down 6.3% YoY</p><p>Pig iron - 1.4 million tonnes, up 14.7% YoY</p><p>Steel products - 4.6 million tonnes, down 1.9% YoY</p><p>At the end of 2021, agreements were signed for the construction of the new HBI-4 Plant at LGOK, and Mikhailovsky HBI, by shareholding company USM with a capacity of over 2 million tonnes each.</p>
