Metinvest increased steel production by 9% in 2020 compared to 2019

Metinvest, the largest Ukrainian mining and metallurgical holding, at the end of 2020 increased steel production by 9% compared to 2019 – up to 8.268 million tons, pig iron – by 7%, up to 8.475 million tons, total coke production – by 3%, to 4.808 million tons.

According to the press release of the parent company Metinvest B.V. on the results of operating activities for 2020 on Friday, the group in the fourth quarter of 2020 reduced the production of pig iron by 9% compared to the previous quarter – to 2.105 million tons due to a decrease in production at both Mariupol mills.

So , the decrease at the Ilyich Steel Plant amounted to 137 thousand tons due to the shutdown of blast furnace No. 3 for overhaul in November 2020, and at the Azovstal Iron and Steel Works – 63 thousand tons as a result of a decrease in the intensification of the blast-furnace smelting process due to the planned repair of the oxygen block air separation unit and changes in the charge component.

Steel production in the fourth quarter of 2020 decreased by 3% compared to the previous quarter – to 2.118 million tons – mainly due to the repair of converter # 2 at Azovstal in September-October 2020. At the same time, the volume of steel production at MMK remained practically unchanged compared to the previous quarter due to the redirection of liquid iron to steel production.

In 2020, pig iron production increased by 7% year-on-year due to an increase in production at both Mariupol plants. Thus, the increase at Azovstal amounted to 328 thousand tons as a result of the launch of a high-performance DP-3 after overhaul with modernization in June 2019, as well as the planned overhaul of DP-4 in the fourth quarter of 2019.

In addition, pig iron production at MMK increased by 219 thousand tonnes mainly due to the shutdown of blast furnaces No. 5 and 3 for scheduled repairs in 2019.

Steel production in 2020 increased by 9% compared to the previous mainly due to an increase in production at MMK by 512 thousand tons due to the redistribution of pig iron in favor of steel production. The increase in production at Azovstal by 178 thousand tons was caused by an increase in pig iron production.

In the fourth quarter of 2020, the production of semi-finished products decreased by 17% compared to the previous quarter – to 816 thousand tons. At the same time, the decrease in pig iron production amounted to 107 thousand tons as a result of redirecting liquid iron to steel production at MMK, and marketable slab – 57 thousand tons due to the redistribution of slab in favor of flat-rolled products. In 2020, the production of commercial semi-finished products increased by 5% compared to 2019 – to 3.313 million tons – due to an increase in the volume of commercial slabs at both Mariupol mills by 329 thousand tons due to the presence of demand. As a result, pig iron production decreased by 14% compared to 2019 and amounted to 1.088 million tonnes.

In the fourth quarter of 2020, production of finished products remained practically unchanged compared to the previous quarter and amounted to 1.482 million tonnes. At the same time: the production of flat products increased by 75 thousand tons – up to 1.246 million tons – mainly due to the increased demand for hot-rolled and cold-rolled coils; production of long products decreased by 75 thousand tons – to 167 thousand tons – due to a decrease in the order portfolio; production of rail products decreased by 6 thousand tons – to 28 thousand tons – against the background of a decrease in demand from the Ukrainian railways; production of tubular products did not change compared to the previous quarter and amounted to 41 thousand tons.

In 2020, finished product production increased by 4% compared to the previous year – to 5.833 million tons. Namely: the production of flat products increased by 132 thousand tons – to 4.809 million tons – mainly due to an increase in the production of hot-rolled coils due to the launch of the 1700 mill at MMK after reconstruction and the presence of stable market demand for this product, as well as an increase production of cold-rolled steel due to an increase in the order book, which fully compensated for the decrease in production of hot-rolled thick plate; production of long products increased by 80 thousand tonnes to 794 thousand tonnes, mainly due to an increase in the portfolio of orders for rebar; production of rail products increased by 30 thousand tons – up to 79 thousand tons – against the background of an increase in orders from the Ukrainian railways; the production of pipe products decreased by 4 thousand tons – to 151 thousand tons.

In the fourth quarter of 2020, the volume of coke production increased slightly and amounted to 1.224 million tons. In 2020, coke production increased by 3% as a result of the consolidation of production volumes at the Dnieper Coke Plant from the second quarter of 2020, which amounted to 383 thousand tons. At the same time, the production of coke at the Avdiivka Coke Plant decreased by 258 thousand tons as a result of

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