22
Nov
14:14
Metinvest decreases third-quarter output amid ongoing war
Metinvest decreased crude steel production in the third quarter by 43% on-quarter to 256,000 tonnes. This is due to the ongoing Russian-Ukrainian war and the loss of its Mariupol assets – Azovstal and Ilyich Steelworks. The company also suspended work at its Avdiivka Coke plant.
January-September output fell 62% on-year to 2.7 million tonnes, Kallanish notes.
In addition, output has been affected by export logistics constraints amid the blockade of Ukraine…
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Anonymous
Very good overview of the weekly steel market.
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