Industry News

Ukraine's Zaporizhstal cuts steel output in Apr

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Author : Kelly
Update time : 2020-05-11 14:08:57
Zaporizhstal, a Ukrainian panel maker partly owned by Metinvest, had decided its output of steel in April.

Among them, the output of crude steel had been decreased by almost 35%, came to 223,000 tons; the output of pig iron dropped by 27% year on year, left by 278,000 tons; steel products’ production also dropped by over 20%, to 222,000 tons.

The main reason for the decline of production from Zaporizhstal was because of the worsening epidemic of COVID-19 and weak market demand.

Currently, Zaporizhstal was upgrading its steel mill, and expected to bring more productions in the future.

 

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