Zaporozhsteel keeps showing record results in cast iron and steel output

​In Jan-February 2015 Zaporozhsteel against showed a growth of all the production results.

The metallurgical plant Zaporozhsteel of Metinvest group of R. Akmetov keeps increasing the production volumes of all the main types of products. The press service of the company reports that in Jan-February 2015 the plant increased all its production results compared to the same period in 2014: cast iron – by 14.4%, steel – by 2.1%, rolled products – by 1.4%.

“The state of the Ukraine’s economy has led to a significant reduction of demand for metal products in the domestic market and the prices in the world market keep falling. The stake of the currency component in the purchase of raw materials to provide the production process is constantly growing due to the shutdown of numerous producers of the Ukraine due to the military actions. To keep the production volumes is the only opportunity for the plant to survive, pay salary to employees and save social programs”, CEO of Zaporozhsteel, R. Shurma, said.