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19 Jan
12:16

Demand boosts Mechel Service shipments despite Covid-19

Mechel’s trading arm, Mechel-Service, posted a 4% on-year increase in shipments in 2020 to 1.52 million tonnes, the company says. In January-November it sold over 1.38mt of steel products (see Kallanish passim). The largest contribution to shipment growth was made by high-margin product groups, the enterprise claims. I-beam sales increased by 39% on-year, stainless steel sheet by 32%, ropes by 26% and strip by 28%. “Despite the difficult work in…
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