Maxi Group’s steel output drops 22%

Maxi Group looked at the results of its performance in the first quarter of 2009. The holding’s enterprises produced 380,000 tons of steel, 291,000 tons of bar iron, and 37,000 tons of metal goods. This was, respectively, 16%, 27%, and 10% more than in the last quarter of 2008. The company repots this has to do with the metal goods market growing more stable.

In addition, the holding produced 44,000 tons of steel ingots.

At the same time, Maxi Group’s steel and bar iron output levels dropped by 22% and 10%, respectively, compared with a year earlier.


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