AT A GLANCE: Russia's Metalloinvest halves pig iron sales in Q3

November 06, 2020 / www.metalbulletin.com / Article Link

A summary of the operational results for Russian steelmaker Metalloinvest for the third quarter of 2020.

In brief

Metalloinvest cut its pig iron sales more than twice to 216,000 tonnes in the third quarter, down by 53.5% from 465,000 tonnes a year before.Over the first nine months of 2020, pig iron shipments hit 919,000 tonnes, down by 33.9% from 1.4 million tonnes over the same period last year.Reduction of pig iron shipments was due to the decrease in hot metal production and increase in internal pig iron consumption...

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