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05 Oct
12:53

Mechel Service increases shipments in third quarter

Mechel’s trading arm Mechel-Service posted a 2.6% on-year increase in shipments in the third quarter to 1.1 million tonnes, the company says. Stainless steel sheet sales reported the fastest growth of 52%, Kallanish notes. Beam sales grew by 41%, rebar by 35%, strip by 32% and wire rod by 23%. “Despite the difficult situation on the market due to the Covid-19 pandemic, in the third quarter we were able to grow compared to the previous year,” say…
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