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29 Apr
14:43

Construction demand lifts Mechel’s Chelyabinsk shipments

Chelyabinsk Metallurgical Plant (ChMK), part of Mechel, increased first-quarter sales of rails, construction beams and flat products compared to the same period last year. Construction beam sales increased 21% on-year to 103,000 tonnes, Kallanish notes, while sales of rails increased by 64% to 29,000t. Shipments of nickel-added stainless steel increased, with hot-rolled steel up by 78% on-year and cold-rolled steel double on Q1 2021. Steel with added nickel …
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