23
Jul
13:47
IMH increases coal mining, upgrade curbs iron output
Industrial Metallurgical Holding (IMH) cut pig iron output and sales in the first half of the year on the back of the capital upgrade of No.3 blast furnace in March-April.
The Russian merchant pig iron producer and coal miner produced 1.18 million tonnes of pig iron in January-June, -4% down on-year. Export sales plunged -64% on-year to just 379,000t, as large volumes of the material were redirected to the company's Tula-Steel plant, launched in summer 2019. T…
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Anonymous
Very good overview of the weekly steel market.
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