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30 Nov
11:27

Severstal increases shipments of newly-developed products, targets automakers

Russian steelmaker and miner Severstal has doubled the share of newly-developed steel products in its sales portfolio on-year to 8.7%. It delivered about 740,000 tonnes of these products to customers in January-October, up by 20% on-year, Kallanish notes. Among the latest developments is a new grade of strength class 600 (K600) for the production of truck frames for truck maker KAMAZ. K600 is a new generation of micro-alloyed steel that better withstands oper…
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