03
Jul
15:58
MENA, Europe drag down Metinvest Q1 steel sales
Metinvest saw steel sales drop -8% on-year in the first quarter to 2.81 million tonnes, as shipments to the Middle East and North Africa, as well as Europe declined -17% and -11% respectively.
Pig iron sales in Q1 fell -38% to 210,000t, while square billet shipments plunged -58% to 68,000t due to the shutdown in February of Yenakiieve Steel, which was later seized by separatists (see Kallanish passim). Available billet volumes were distributed to fulfil orders o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous