Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Metinvest Group’s Ukraine-based mill Azovstal’s finished steel output in the January-August period increased by 3.6pc to 2.66mn from the same period year prior, according to media reports.


In August, the company produced 380,000mt of finished steel products. In January-August, the company’s crude steel production stood at 2.82mn, up by 3.2pc from the same period last year.


The crude steel output in August alone stood at 410,000 mt. Pig iron output in the same period grew by 8.3pc to 2.52mn mt as compared to January-August in 2019.


The steel mill produced 366,000mt of pig iron in August. The company can produce 5.7mn mt of iron, 6.2mn mt of steel, and 4.7mn mt of finished steel products annually.

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