It is reported that in January to June period of the current year, Ukraine largest vertically integrated mining and steel group Metinvest saw a 77.6% increase in its crude steel production to 7.345 million tonnes helped by the use of high quality coke. In particular, in the given period Metinvest saw a 73.4%YoY increase in its pig iron production to 6.166 million tonnes.

In January to June, Metinvest semi-finished steel output went down by 12.5%YoY to 1.424 million tonnes. In particular, production of slabs increased by 7.3% to 1.187 million tonnes while square billet output declined by 54.5% to 237,000 tonnes influenced among other factors by the decommissioning of open-hearth furnaces at Azovstal.

In January to June, the finished steel output of Metinvest increased by 118.5%YoY to 5.106 million tonnes including 3.402 million tonnes of flat steel up by 197.1%YoY, 1.286 million tonnes of long products up 27.2%YoY, 324,000 tonnes of pipes up by 211.5%YoY and 94,000 tonnes of rail products up by 22.1%YoY.