Ukraine: Metinvest reports 9% y-o-y growth in crude steel output in CY’20

Metinvest Group – Ukraine’s leading steel company, has registered crude steel output at 8.26 mn t in CY’20, an increase of 9% y-o-y against 7.57 mn t in CY’19. Output increased on the back of greater hot metal production at both its facilities – Ilyich Steel and Azovstal. Semi-finished steel output increased by 5% y-o-y to 3.3 mn t and finished steel output was recorded 5.8 mn t, up by 4% y-o-y in CY’20.