Metalloinvest iron ore output falls by 2% to 10 mln tns in Jul–Sep - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Metalloinvest iron ore output falls by 2% to 10 mln tns in Jul–Sep

MOSCOW, Oct 30 (PRIME) -- The iron ore output of Russian metals and mining holding Metalloinvest fell by 2.2% on the year to 10.18 million tonnes in July–September, the company said in a statement on Friday.

Production of pellets decreased by 6.9% to 6.611 million tonnes and output of hot-briquetted iron and direct-reduced iron fell by 11.2% to 1.649 million tonnes. Steel output rose by 0.1% to 1.198 million tonnes, while cast iron output decreased 24.1% to 546,000 tonnes.

In January–September, the company’s iron ore output went up by 1% on the year to 30.36 million tonnes. Output of pellets decreased by 2.2% to 20.767 million tonnes, of hot-briquetted iron and direct-reduced iron fell by 2.4% to 5.761 million tonnes, and of steel increased by 3.1% to 3.741 million tonnes,. Production of cast iron fell 13% to 1.811 million tonnes.

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30.10.2020 14:25