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

Russia’s Industrial Metallurgical Holdings’ (IMH) iron ore production declined by 1.1pc to 4.78mn mt in 2020 from 4.85mn mt in 2019. The output of iron ore concentrates fell by 2.2pc to 2.07mn mt in 2020 against 2.11mn mt in the prior year. 


The company’s pig iron production increased by 10.4pc to 2.6mn mt in 2020 against 2.36mn mt in 2019. IMH attributed the growth to the completion of the maintenance at blast furnace No 3, which was finished in April 2020.


Coke concentrate production at 6pc moisture content rose by 5.7pc to 2.74mn mt in 2020 compared to 2.59mn mt the previous year, while coal production leaped by 13.5pc to 2.61mn mt against 2.3mn mt during the same period. Coal concentrate output, however, decreased by 3.2pc in 2020 to 2.36mn mt compared to 2.43mn mt in the previous year. 


IMH is an exporter of merchant pig iron, accounting for about 18pc of world exports in 2019.

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