8/15/11

ArcelorMittal Ukraine unit in July cuts steel output by 14% YoY

ArcelorMittal Krivyi Rih steel production declined by 13.6% YoY in July from the same month a year ago.
Mr. Alexander Ioskov, who heads the production department at ArcelorMittal Kryvyi Rih, said output fell to 425,100 tons from 492,100 tons.
Steel production declined to 3.08 million tons in the first seven months of the year from 3.56 million tons in the same period a year ago after a blast furnace malfunctioned in June. (Bloomberg)