Operational Results for H1 2021
Metalloinvest (the “Company”), a leading global iron ore and
merchant HBI producer and supplier, and one of the regional
producers of high-quality steel, today announces its operational
results for the first half of 2021.
Management comments
Nazim Efendiev, CEO of Management Company Metalloinvest, commented:
“In the first half of 2021, the Company demonstrated stable
production and shipment dynamics across its entire product range. We
continue actively implementing the modernisation programme and
increasing the share of high-quality products in our product mix.
The overhaul of the HBI-1 Plant at LGOK was completed in June 2021,
the implementation of cycling-flow technology at LGOK is nearing
completion and construction of the concentrate beneficiation
facility at MGOK is currently underway.”
Metalloinvest consolidated operational results
Production by product
tonnes '000 |
Q2 2020 |
Q1 2021 |
Q2 2021 |
Hot metal |
576 |
558 |
606 |
Crude steel |
1,270 |
1239 |
1244 |
Shipments by product
tonnes '000 |
Q2 2020 |
Q1 2021 |
Q2 2021 |
Pig iron |
382 |
260 |
456 |
Steel products, incl. |
1,228 |
1105 |
1187 |
SEMIS |
738 |
550 |
605 |
SEMIS HVA |
75 |
70 |
62 |
SBQ HVA |
175 |
276 |
285 |
Plate |
69 |
93 |
124 |
Plate HVA |
170 |
117 |
111 |
Total shipments, incl.: |
1,609 |
1,366 |
1,642 |
Steel products HVA |
421 |
463 |
457 |
Shipments by region
tonnes '000 |
Q2 2020 |
Q1 2021 |
Q2 2021 |
Russia |
482 |
496 |
524 |
Europe |
250 |
303 |
273 |
Asia |
183 |
5 |
15 |
MENA |
320 |
285 |
232 |
Others |
374 |
276 |
598 |
Total shipments |
1,609 |
1366 |
1642 |
Source from
Metalloinvest |
|