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17 Nov
12:29

Improved demand boosts Mechel Service shipments

Mechel trading arm Mechel-Service posted a 4% on-year increase in shipments in January-October to 1.26 million tonnes, the company says. Stainless steel sheet sales reported the fastest growth of 487%, Kallanish notes. Beam sales grew by 41%, rebar by 33%, strip by 32% and wire rod by 23%. “The company has retained its share in the market for rolled metal products for construction purposes, and the growth in beam sales was achieved through the creation of …
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