Zaporizhstal Sees Increase in Pig Iron Output in 2013

  • Friday, January 3, 2014
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  • Keywords:pig iron, steel, production, output, Zaporizhstal
[Fellow]Metinvest Group's Zaporizhstal in 2013 boosted rol
[Ferro-Alloys.com] Metinvest Group's Zaporizhstal in 2013 boosted roll production by 2.4% from 2012, to 3.225 million tonnes. 
 
Steel output in 2013 was 0.9% up, to 3.82 million tonnes, that of pig iron 0.8% up, to 3.219 million tonnes, the company said in a press release on Thursday.Roll production in December 2013 alone grew by 11.9% year-over-year, to 292,800 tonnes, steel production increased by 8%, to 333,700 tonnes, and that of pig iron rose by 13.1%, to 284,400 tonnes.
 
"The year 2013 was successful forZaporizhstal in all areas of business — the mill set up 224 historical records by all key production and technical indicators against the background of smooth dynamics of production growth, achieved the significant success in the field of efficiency of production, energy saving, pace of implementing of modernization projects," the press release quotes Zaporizhstal General Director Rostyslav Shurma as saying.
 
As was reported, Zaporizhstal in 2012 boosted pig iron production by 5.1% from 2011, to 3.194 million tonnes, production of steel fell by 0.7%, to 3.785 million tonnes and rolled stock shipments decreased by 0.7%, to 3.149 million tonnes.
 
Zaporizhstal, one of Ukraine's biggest steel plants, produces hot-and cold-rolled steel sheet with a thickness of 0.5-8.0 mm from carbon, low-alloyed, alloyed and stainless steels. Its major consumers are welded tube producers, automotive, agricultural, transport engineering industries, producers of domestic appliances.
 
Zaporizhstal is currently undergoing the process of integration into the Metinvest Group whose major stockholders are System Capital Management with 71.25% and Smart-Holding with 23.75%.
 
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