Ukrainian steelmaker Metinvest will increase its hot-rolled coil output once it finishes testing a new rolling line at its Ilyich Iron & Steel Works at Mariupol, chief executive officer Yuriy Ryzhenkov told Fastmarkets this week.
"Currently, we produce 4,500-4,800 tonnes of HRC per day [on the] new rolling line. Once we finish testing, we will increase production to 7,500-8,000 tonnes per day," Ryzhenkov said on Wednesday March 4."Testing mode normally continues for three to six months [and] we are planning to finish [testing] in line with this timeframe," Ryzhenkov added.
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