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26 Oct
13:19

High demand increases VIZ-Stal shipments for export

Russia-based VIZ-Stal, part of NLMK, increased its production in January-September. Production of transformer steel amounted to 129,000 tonnes, up by 9% on-year, Kallanish notes. Sales of transformer steel increased by 7% to 125,000t. The positive dynamic is associated with an increase in global demand for transformer steel, the enterprise says. Exports accounted for over 71% of total sales, with more than 90% of shipments carried out under long-term contra…
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