26
Jan
13:09
Metalloinvest to up 2022 HBI/DRI output following overhauls
Metalloinvest expects to raise hot-briquetted iron/direct reduced iron output to 8 million tonnes in 2022. Last year, it grew iron ore pellet output but production of other high value-added (HVA) iron ore products fell.
The company’s output of iron ore in the fourth quarter remained unchanged on-quarter at 10.1 million tonnes, but increased by 0.8% on-year in full-year 2021 to 40.8mt. This is mainly attributed to a reduction in repair work downtime and an in…
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