Business news from Ukraine

Business news from Ukraine

ILLICH STEEL WORKS RAISES UP PRODUCTION OF ROLLED PRODUCTS BY 12%

7 February , 2022  

Mariupol-based Illich Iron and Steel Works (Donetsk region), part of Metinvest Group, increased the output of general rolled products in January 2022, according to recent data, by 9.6% compared to 2020, to 390,000 tonnes.
As the enterprise told Interfax-Ukraine, steel production during this period increased by 5.3%, to 380,000 tonnes, cast iron – by 0.6%, to 360,000 tonnes.
In December, Illich Steel Works produced about 340,000 tonnes of general rolled products, 360,000 tonnes of steel, and 420,000 tonnes of cast iron.
Illich Iron and Steel Works is part of Metinvest Group, the main shareholders of which are SCM Group (71.24%) and Smart Holding (23.76%), jointly managing the company.

, ,