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16 Apr
12:19

Izhstal increases automotive shipments in first quarter

Miner and steelmaker Mechel's stainless steel arm, Izhstal, increased its sales in January-March, the company says. The plant sold over 92,000 tonnes of steel products, up by 4% on-year, Kallanish notes. At the same time, the shipment of special steel grades increased. Nickel-containing steel deliveries rose by 32%, stainless steel by 61%, stainless with nickel by 25%, alloyed tool steel by 33 % and bearing by 79%. The period saw an increase in metal consum…
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