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Ukraine’s Zaporizhstal posts lower output in Q1 due to logistical problems

Monday, 10 April 2023 13:40:12 (GMT+3)   |   Istanbul
       

Ukraine-based Zaporizhstal steel mill, which belongs to Metinvest, has announced its production results for March and the first quarter this year.

Accordingly, in March Zaporizhstal produced 193,600 mt of pig iron, 184,400 mt of crude steel and 150,800 mt of finished steel. In the given month, the company operated at 50 percent of its capacity due to the massive missile attacks by Russia on energy infrastructure facilities in Ukraine.

In the January-March period, Zaporizhstal’s pig iron production totaled 485,300 mt, down by 36.2 percent, while the company produced 393,600 mt of crude steel and 325,700 mt of finished steel, down by 39.2 percent and by 42.3 percent, respectively, all year on year. The decreases in production were due to a shortage of raw materials and logistical problems caused by the Russian invasion of Ukraine.

Meanwhile, the company will restart its blast furnace No. 2 and consequently increase its pig iron output, as SteelOrbis previously reported.


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