Ukrainian steelmaker Metinvest increased its output of sellable semi-finished products by 18% year on year, to 2.3 million tonnes over the first nine months of 2018, supported by favorable market conditions.
In particular, Metinvest's sellable pig iron output increased by 21% year on year in January-September 2018, to 1.2 million tonnes against 989,000 tonnes.Fastmarkets' assessment for the CIS export pig iron price averaged $381.93 per tonne in the third quarter of 2018, up by $30.01 from $351.92 per tonne over the same period last year.Fastmarkets understands that higher prices and stronger demand, in particular from...