Metinvest merchant slabs output reduced on BF repairs

February 16, 2019 / www.metalbulletin.com / Article Link

Merchant slab output at Ukraininan steelmaker Metinvest in the December-February period was below the production target due to repairs at the blast furnaces of Azovstal Iron & Steel Works and Illych Iron & Steel works, the company told Fastmarkets.

"The company's merchant slab output was 190,000 tonnes below the target because blast furnace repairs were rescheduled for these months," a company source told Fastmarkets on Thursday February 14.The company did not provide details on the targeted production volumes in the December 2018-February 2019 period, although the downtrend in production volumes was reflected in the company's operational results for the fourth quarter of 2018.In October-December 2018 Metinvest produced 270,000 tonnes of merchant slabs, down by 22%...

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