Metinvest’s 9-month semi-finished output up 18% y-o-y

Ukrainian steelmaker Metinvest increased its output of sellable semi-finished products by 18% year on year, to 2.3 million tonnes over the first nine months of 2018, supported by favorable market conditions.

In particular, Metinvest’s sellable pig iron output increased by 21% year on year in January-September 2018, to 1.2 million tonnes against 989,000 tonnes.
Fastmarkets’ assessment for the CIS export pig iron price averaged $381.93 per tonne in the third quarter of 2018, up by $30.01 from $351.92 per tonne over the same period last year.

Fastmarkets understands that...

Published

Vlada Novokreshchenova

November 01, 2018

13:05 GMT

Dnepr