26
May
16:16
Shipments to decline, no spring seasonal rebound: Mechel
Russian miner and steelmaker Mechel predicts steel shipments will decrease in the second quarter. This is due to measures limiting the spread of Covid-19, the company says in a report seen by Kallanish.
First-quarter shipments of flat and long products grew by 7% on-year and deliveries of rail jumped.
“Despite the onset of the pandemic, sales of products of the metallurgical division in Q1 remained at a stable level. We forecast adverse effects on sale…
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Anonymous
Very good overview of the weekly steel market.
Anonymous