29
Nov
13:16
Mechel sees production and sales weaken in Q3
Russia’s Mechel saw output fall for most of its commodities in the third quarter of 2016, the company says in a statement sent to Kallanish. Production of coal, pig iron and steel all fell both quarter-on-quarter and year-on-year, the company says in its Q3 2016 operating report. Sales volumes also fell across almost all products.
The company expects a better Q4 it says thanks to rising commodity values, especially in coking coal and iron ore.
The produ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous