Author: Lalita
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CIS: Metalloinvest posts 2.6% decline in crude steel output in Q1 CY ’21
Russian steelmaker Metalloinvest has released its quarterly report for the first quarter of CY ’21. The key highlights are as follows: Crude steel production fell by 2.6% y-o-y to 1.23 mn t. Hot metal production stood at 558,000 t, down by 19% y-o-y. HBI/DRI production dropped by 1.4% y-o-y to 2.05 mn t. Steel product…