Ukrainian mining and metallurgical group Metinvest announced that Its steel production in 2021 was 9 533 million tonne, up 15% YoY; Iron ore concentrate 31.341 million tonne, up 3% YoY & Coal concentrate 5.542 million tonne, up 92% YoYIn 2021, Metinvest's hot metal output totalled 9.709 million tonne, up 15% YoY. The main contributors were the acquisition of DMK's integral property complex of 0.849 million tonne and greater hot metal output at Ilyich Steel of 0.387 million tonne, which was primarily due to blast furnace productivity improvements and major overhauls conducted in 2020. Hot metal production at Azovstal remained almost unchanged YoY.In 2021, the Group's crude steel output stood at 9.533 million tonne, up 15% YoY, driven by the acquisition of production facilities in Kamianske 0.933 million tonne and increased `production at the Mariupol plants. At Ilyich Steel, output rose by 0.189 million tonne on the back of greater hot metal production, while at Azovstal, it climbed by 0.143 million tonne, mainly due to lower production of merchant pig iron.In 2021, the Group’s output of merchant semi-finished products rose by 3% YoY to 3.411 million tonne, as the DMK production facilities produced a total of 0.413 million tonne of merchant billets following their consolidation into the Group. In addition, pig iron output grew by 0.259 million tonne, mainly due to greater hot metal production at Ilyich Steel. At the same time, merchant slab output decreased by 0.574 million tonne as more slabs were allocated for flat product rolling.In 2021, the Group’s output of finished products climbed by 23% YoY to 7.233 million tonne. Flat product output rose by 1.143 million tonne to 5.978 million tonne, mainly due to increased production of hot-rolled coils amid greater productivity of the hot strip mill 1700 at Ilyich Steel, as well as a rise in orders for plates at Azovstal and cold-rolled and galvanized products at Ilyich Steel. Long product output rose by 0.295 million tonne to 1.089 million tonne amid an increase in orders at Promet Steel and acquisition of DMK's re-rolling facilities. Rail product output dropped by 31 KT to 48 KT in response to lower demand from Ukrainian Railways & tubular product output fell by 33 KT to 118 KT amid fewer orders.
Ukrainian mining and metallurgical group Metinvest announced that Its steel production in 2021 was 9 533 million tonne, up 15% YoY; Iron ore concentrate 31.341 million tonne, up 3% YoY & Coal concentrate 5.542 million tonne, up 92% YoYIn 2021, Metinvest's hot metal output totalled 9.709 million tonne, up 15% YoY. The main contributors were the acquisition of DMK's integral property complex of 0.849 million tonne and greater hot metal output at Ilyich Steel of 0.387 million tonne, which was primarily due to blast furnace productivity improvements and major overhauls conducted in 2020. Hot metal production at Azovstal remained almost unchanged YoY.In 2021, the Group's crude steel output stood at 9.533 million tonne, up 15% YoY, driven by the acquisition of production facilities in Kamianske 0.933 million tonne and increased `production at the Mariupol plants. At Ilyich Steel, output rose by 0.189 million tonne on the back of greater hot metal production, while at Azovstal, it climbed by 0.143 million tonne, mainly due to lower production of merchant pig iron.In 2021, the Group’s output of merchant semi-finished products rose by 3% YoY to 3.411 million tonne, as the DMK production facilities produced a total of 0.413 million tonne of merchant billets following their consolidation into the Group. In addition, pig iron output grew by 0.259 million tonne, mainly due to greater hot metal production at Ilyich Steel. At the same time, merchant slab output decreased by 0.574 million tonne as more slabs were allocated for flat product rolling.In 2021, the Group’s output of finished products climbed by 23% YoY to 7.233 million tonne. Flat product output rose by 1.143 million tonne to 5.978 million tonne, mainly due to increased production of hot-rolled coils amid greater productivity of the hot strip mill 1700 at Ilyich Steel, as well as a rise in orders for plates at Azovstal and cold-rolled and galvanized products at Ilyich Steel. Long product output rose by 0.295 million tonne to 1.089 million tonne amid an increase in orders at Promet Steel and acquisition of DMK's re-rolling facilities. Rail product output dropped by 31 KT to 48 KT in response to lower demand from Ukrainian Railways & tubular product output fell by 33 KT to 118 KT amid fewer orders.
