Business news from Ukraine

ILLICH IRON AND STEEL WORKS INCREASES ROLLED PRODUCTS OUTPUT BY 19%

Mariupol-based Illich Iron and Steel Works (Donetsk region), part of Metinvest Group, in January-February this year increased the production of general rolled products, according to recent data, by 19% compared to the same period last year, to 660,000 tonnes.
As the enterprise told Interfax-Ukraine, steel production during this period increased by 3.7%, to 700,000 tonnes, cast iron by 15.2%, to 765,000 tonnes, and sinter by 14.3%, to 2.152 million tonnes.
In February, the plant produced about 300,000 tonnes of general rolled products, 340,000 tonnes of steel, 410,000 tonnes of cast iron, and 1.07 million tonnes of sinter.
Metinvest is a vertically integrated group of mining companies. Its main shareholders are SCM Group (71.24%) and Smart-Holding (23.76%), jointly managing the company.
Metinvest Holding LLC is the managing company of Metinvest Group.

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ILLICH IRON AND STEEL WORKS INCREASES ROLLED PRODUCTS OUTPUT IN 2020

Mariupol Illich Iron and Steel Works (Donetsk region), a member of the Metinvest Group, in 2020 increased the production of general rolled products, according to recent data, by 12.4% compared to the previous year, to 3.67 million tonnes.
As the enterprise told the Interfax-Ukraine, steel production during this period increased by 13.7%, to 4.05 million tonnes, cast iron by 4.4%, to 4.65 million tonnes, and sinter by 12.8%, to 12.34 million tonnes.
In December, Mariupol Illich Iron and Steel Works produced about 320,000 tonnes of general rolled products, 345,000 tonnes of steel, 330,000 tonnes of cast iron, and 1.06 million tonnes of sinter.
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.
Metinvest Holding LLC is the managing company of Metinvest Group.

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