AMKR considerably reduced production of rolled products, steel and pig iron

AMKR considerably reduced production of rolled products, steel and pig iron in November

ArcelorMittal Kryvyi Rih reduced production of rolled products by 18% to 390 thousand tons in November compared to October. Steel production of fell by 28.5% to 350 thousand tons, and pig iron by 20% to 375 thousand tons.

At the same time, the Company increased production of rolled products by 8.8% to 4.2 million tons over the first eleven months of the current year against January–November 2018, Interfax Ukraine reported.

Over the same period, the Company increased steel production by 15% to 4.94 million tons, and pig iron by 17.4% to 4.9 million tons.

Over 11 months, AMKR produced 9.08 million tons of sinter, 16.8% up from the previous year, 9 million tons of iron ore concentrate (+5.1%), and 2.56 million tons of coke (+4.8%).

In November, the Company also produced:

• 760 thousand tons of sinter
• 50 thousand tons of commercial iron ore
• 845 thousand tons of iron ore concentrate
• 223 thousand tons of coke

As reported earlier, in January–October 2019, ArcelorMittal Kryvyi Rih increased production of rolled products by 10.5% to 3.84 million tons against the same period of 2018.

Steel production over the same period increased by 18% to 4.59 million tons, and pig iron by 20% to 4.53 million tons.