22
Jan
17:22
Electrostal's output plunges in 2019
Ukraine's scrap-based steelmaker Electrostal produced 83,000 tonnes of merchant billet in 2019, 3.5 times less than in 2018, the company says.
Having been working on and off throughout last year, the mill struggled with weak export market sentiment and high costs, including scrap and electricity charges. The producer, which sells its billet in the export market with small prepayment to secure scrap, produced 7,000 tonnes of square billet in Dece…
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Anonymous
Very good overview of the weekly steel market.
Anonymous