Metinvest to increase steel output 10% m/m in November
9 November 2018
Ukraine’s largest steel producer Metinvest (METINV)
plans to restart oxygen converter No. 1 at its subsidiary Azovstal (AZST UK) on
Nov. 15, according to a Nov. 7 Mariupolskoye TV interview by Azovstal CEO Enver
Tskitishvili. Azovstal stopped oxygen converter No. 1
for repairs on Sept. 24.
Dmytro Khoroshun: We expect Metinvest’s daily steel output to rise to 18.4 kt per day in
November, or 10% m/m, as a result of the converter’s launch. We also expect
Metinvest’s 2018 steel output at about 7.3 mmt, or 4% less yoy.
