09
Jul
01:00
Russia's Amurmetal resumes production
Russian steel plant Amurmetal is going to resume production after a one-month suspension. It plans to produce 41,000 tonnes of billet in July, Kallanish learns from local Russian media.
Production was stopped last month (see Kallanish 3 June), and two-thirds of the staff were released, says the report. The halt was a result of high inventories of finished product coupled with the decline in steel prices. At first the firm planned 15 days of downtim…
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Anonymous
Very good overview of the weekly steel market.
Anonymous