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04 Feb
00:00

Metalloinvest subsidiaries drive up steel production

Russia’s Metalloinvest has reported record levels of crude steel production for its OEMK subsidiary, in both the fourth quarter of 2014, and the year in full. In Q4, OEMK’s crude steel production grew by 4.6% quarter-on-quarter to 900,000 tonnes, the company tells Kallanish. Full-year output was up 4.9% to 3.4 million t, it adds. These record levels are mainly because of increased productivity, decreased down-time and less time needed for major mai…
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