ArcelorMittal Kriviy Rih increases finished roll output 6.4% in Jan-May
KYIV. June 25 (Interfax) -ArcelorMittal Kriviy Rih, Ukraine's biggest steel producer, increased production of finished roll by 6.4% year-on-year to 2.16 million tonnes in January-May 2012, the company said in a statement.
The statement said that steel output increased by 11.1% to 2.549 million tonnes, and pig iron - 13.6% to 2.229 million tonnes.
Production of finished roll in May came to 399,600 tonnes, steel - 502,000 tonnes of steel and pig iron - 443,000 tonnes.
The head of production at the plant, Paramjit Kahlon, was quoted in the statement as saying: "ArcelorMittal Kriviy Rih's production was below plan in May, largely because of the continued repair of blast-furnace N9. Nonetheless, if we make a comparison with the same period of last year, production increased by 3.5% year-on-year. After the completion of repairs, blast-furnace N9's output reached 9,200 tonnes of pig iron a day. Logistics improved results from the previous month thanks to improvements in roll and concentrate shipments, as well as railcar turnover."
It was earlier reported that the company reduced production of finished roll by 8.2% to 4.938 million tonnes in 2011, steel - down 7% to 5.703 million tonnes, and pig iron - 8% to 4.894 million tonnes.
ArcelorMittal Kriviy Rih specializes in long products, in particular rebar and wire rod.