Based on the results of January-March of this year, Metinvest reduced steel production by 4% compared to the same period last year, and by 5% compared to the previous quarter - to 469,000 tonnes, according to a press release from the parent company Metinvest B.V.
Metinvest reported a 31% decrease in crude steel production for 2023 due to Russia s invasion, leading to the halt of steel manufacturing activities at its Mariupol and Avdiivka assets.
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