You are here: Home > Steel News > Latest Steel News > Metalloinvest’s...

Metalloinvest’s iron ore output up 2.3 percent in Q2 from Q1 level

Thursday, 02 August 2018 14:02:00 (GMT+3)   |   Istanbul
       

Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced its operational results for the second quarter of the current year.

Accordingly, in the given quarter Metalloinvest's iron ore production increased by 2.3 percent quarter on quarter to 10.12 million mt, mainly due to improved productivity. Its iron ore shipments decreased by 3.9 percent quarter on quarter in the same period to 1.8 million mt.

Metalloinvest's pellet production and shipment volumes in the second quarter amounted to 6.95 million mt and 3.56 million mt, up four percent and 15.4 percent respectively, both compared to the previous quarter.

In the second quarter, Metalloinvest's crude steel production rose by 1.9 percent quarter on quarter to 1.26 million mt, largely a result of the increased operations at Ural Steel's continuous casting machine No. 1 to meet the growing demand for cast billets, while its pig iron output rose by 2.9 percent to 737,000 mt compared to the first quarter.


Similar articles

Mechel’s crude steel and pig iron output decrease in H1

26 Aug | Steel News

Ukraine’s Metinvest sees 4% fall in pig iron output in H1

13 Aug | Steel News

Russia’s Mechel posts higher long and flat steel sales for Q1 amid new domestic contracts

07 Jun | Steel News

Metinvest’s pig iron and crude steel outputs decrease in Q1

21 May | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih posts lower pig iron output due to Russia’s attacks on energy infrastructure

21 Mar | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih posts increased outputs for January

01 Mar | Steel News

Metinvest’s pig iron and crude steel output down in 2023

21 Feb | Steel News

ArcelorMittal Kryvyi Rih’s capacity usage at 25-40% in 2023 due to impact of war

25 Jan | Steel News

Ukraine’s Metinvest sees lower pig iron and crude steel outputs in Jan-Sept

16 Nov | Steel News

Mechel’s output and sales mainly decrease in H1

31 Aug | Steel News