23
Nov
16:16
Revamp slashes Mechel steel output, coal sales surge
Russia’s Mechel saw coking coal concentrate sales surge in the third quarter. Renovation of blast furnace No.5 at Chelyabinsk metallurgical plant resulted in a 4% decrease in pig iron output and a 5% reduction in steel output, Kallanish notes.
Steady demand from the domestic construction sector for rebar and related products during Q3 allowed Mechel to increase domestic sales. However, overall sales of rolled longs and flats declined quarter-on-quarter by 3%…
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Anonymous
Very good overview of the weekly steel market.
Anonymous