At Zaporizhstal decreased production of rolled products

In December compared with November and Steel Works Zaporizhstal reduce production of finished steel by 2% to 249 thousand tons. This was reported by a representative of the Cabinet. In December Zaporizhstal reduced in comparison with November crude steel production by 1% to 306 thousand tons of pig iron production by 5,9% to 225 thousand tonnes and sinter production - by 3,6% to 404 thousand tons. Compared with 2009, in 2010 Zaporizhstal increased production of finished steel by 3.6%, to 2,846 tons. At the same time, steel production at the plant increased by 5.2% to 3.277 million tonnes and pig iron - by 1,1% to 2.763 million tons. 2009 Zaporizhstal finished with a loss of 290.52 million USD., Reducing net income by 28.61%, to 8 billion UAH 963.109 million., Compared with 2008. Zaporizhstal produces hot rolled and cold rolled carbon steel, low alloy, alloy and stainless steels. In May, controlled businessmen Eduard Shifrin and Alex Schneider company Midland Resources sold 50% of its shares controlled by an unnamed owner of the factory through a Russian investment bank Troika Dialog. Ministry of Industry