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Metinvest Plans Production Increases in 2007

Metinvest Plans Production Increases in 2007

29 March 2008

Metinvest, System Capital Management’s metals & mining holding, plans to increase total steel output 11% yoy to 9.4 mln mt in 2007, the company announced at a press conference yesterday. In particular, Metinvest companies Azovstal (AZST) will boost production to 6.3 mln mt (up 7% yoy) from 5.9 mln mt in 2006 and Enakievo Steel (ENMZ) will up output by 19% yoy to 3.1 mln mt from 2.6 mln mt last year.

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