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25 Aug
13:53

Mechel boosts Q2 longs' sales, exits billet market

Mechel reported an 8% on-quarter increase in long product sales in the second quarter to 761,000 tonnes, but flats shipments dropped -1% to 151,000t, Kallanish learns from the Russian steelmaker. The longs' growth was partly due to an increase in output at Izhstal and production of new bar profile types at Chelyabinsk Metallurgical Plant’s universal rolling mill. Two of Mechel’s rail mills were also certified as compliant with the European TSI st…
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