Metalloinvest reduced iron ore production by 3.5% in 2013

Last year the combine made 38.4 million tons of iron ore (-3.5%).  In Q4, iron ore yield increased by 0.8% to 9.6 million tons. Pellets yield remained 22.6 million tons. Steel yield reduced by 16.7% to 4.68 million tons after closure of the martin furnaces at Ural Steel. Trade cast iron dispatch increased by 74.4% to 1.4 million tons at the expense of upgrading of active casting capacities concerning favorable state of affairs at cast iron market. They dispatched to the internal market 60% of iron ore and 50% of steel and rolled steel.