In the second half of 2013, Metinvest reduced the production of steel by 8 percent

According to the press service of Metinvest B.V., the maternal company of the vertically integrated group of mining and metallurgical companies (hereinafter metinvest), steel production in the first half of 2013 decreased by 8 percent, the melting of cast iron decreased by 3 percent, the production of an iron ore concentrate increased by 2 percent and the extraction of coking coal fell by 3 percent, 3 percent, 3 percent, 3 percent, 3 percent. All compared to APPG-2012.

The quarterly indicators of metinvest grew: the production of cast iron increased in the second quarter by 6 percent, to 2 million 873 thousand tons, the smelting of steel increased by 1 percent, to 3 million 138 thousand tons, the production of coal coking increased by 5 percent, to 3 million 28 thousand tons, all compared to the first quarter of 2013.

The production of the finished metal rolling by Metinvest enterprises decreased compared to the previous quarter by 2 percent, to 2 million 983 thousand tons and, according to the results of the first half of the year, also reduced by 6 percent to the APPG-2012, to 5 million 894 thousand tons.

The production of metal products was reduced due to a decrease in orders in the reporting period. Basically, due to the fall in the production of flat rental by 327 thousand tons, in particular the roll of 130 thousand tons and a sheet by 197 thousand tons, and a decrease in rail products by 52 thousand tons. At the same time, the production of pipe products decreased to 155 thousand tons, a long rental of 48 thousand tons.

In the second quarter, the production of semi-finished products increased by 11 percent, to 744 thousand tons compared to the previous quarter mainly due to the growth of commodity cast iron by 67 thousand tons and the growth of the square blank at the Enakievsky Metallurgical Plant (EMZ) by 27 thousand tons. At the same time, there was a decrease in the release of commodity slaves by 21 thousand tons due to an increase in the use of slaves on the Azovstal for the production of flat rental.

In the first half of 2013, the production of commodity semi-finished products increased by 8 percent, to 1 million 415 thousand tons compared with the APPG-2012 as a result of the growth of the total production of commodity cast iron at the groups of the group by 22 thousand tons, as well as commodity slabs at the Azovstal and the Mariupolsky Mambox named after Ilyich (MMKI) by 57 thousand tons and 34 thousand tons of tons respectively.

The total production of cast iron on Metinvest in the first half of 2013



The total production of steel on Metinvest in the first half of 2013



Metinvest is the largest in Ukraine and one of the largest manufacturers of iron ore and steel in the CIS. The company is one of the ten largest manufacturers of the Russian Academy of Sciences and Tolstoly Landing, takes 24th place among the largest metallurgical companies in the world according to the World Steel Management Association (Worldsteel (WSA)).

Metinvest Holding LLC (management company of the Metinvest group) was founded in