16
Mar
13:23
New equipment helps Mechel increase iron ore shipments
Mechel’s Korshunovsky (KGOK) mine increased iron ore sales in February to 131,000 tonnes, up by 28% compared to the previous month and 56% on-year, Kallanish notes.
Most of the production was sent to the Chelyabinsk Metallurgical Plant, with some shipped to a number of other steelmakers in the Urals and Western Siberia.
The sales growth is attributed to higher output. Thanks to the acquisition of new equipment over the past year, KGOK is ramping up str…
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Anonymous
Very good overview of the weekly steel market.
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