steel production

Total production in the CIS countries + Ukraine for the month increased by 3% y/y

The past year was marked by a slowdown in production amid a sharp rise in energy prices

In March, Chinese steelmakers increased steel output by 6.9% y/y

Flat rolled production in March 2023 decreased by 8.6% year-on-year

The company provided hot-rolled sheet and profile pipes

In the first quarter, Italian steelmakers reduced steel output by 6% y/y

The plan should be announced by the end of April 2023

Pig iron production fell by 17.5% year-on-year

State projects in the country in 2020-2021 used steel worth £640 million

Problems of local steel plants hinder finding balance between demand and supply

The subsidiaries of Metaloinvest Lebedynskyi and Mykhailivskyi Minings, OEMK and the Swiss Metalloinvest Trading came under the influence of Western sanctions

In January-March 2023, the company increased the shipment of rolled steel to customers by 7% q/q