Industry News

Ukraine's Zaporizhstal cuts steel output in Apr

Views : 361
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.

 

Related News
Read More >>
Fundamentals are mixed; alumina expected to fluctuate Fundamentals are mixed; alumina expected to fluctuate
Feb .21.2025
Fundamentals are mixed; alumina expected to fluctuate
Aluminium prices continue to rise, with some aluminium scrap prices following suit Aluminium prices continue to rise, with some aluminium scrap prices following suit
Feb .21.2025
Aluminium prices continue to rise, with some aluminium scrap prices following suit
Aluminium market: The current situation of transactions and inventory game amid Aluminium market: The current situation of transactions and inventory game amid "Rising" voices
Feb .21.2025
Aluminium market: The current situation of transactions and inventory game amid "Rising" voices
South Korea proposes to impose provisional AD duty on China’s hot-rolled steel plates South Korea proposes to impose provisional AD duty on China’s hot-rolled steel plates
Feb .21.2025
South Korea proposes to impose provisional AD duty on China’s hot-rolled steel plates