11
Sep
14:48
Gallery collapse spares NLMK's steel sales
NLMK says work is progressing to repair the collapsed iron ore conveyor gallery at Stoilensky plant, which supplies the firm's principal Lipetsk steelworks. The steelmaker estimates repairs will take 15 days, after which it will take 24 hours to achieve full capacity of the gallery and another 24 hours to reinstate the full processing cycle.
The firm's dispatches of steel products will not be impacted by the incident, NLMK says, but merchant…
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Anonymous
Very good overview of the weekly steel market.
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