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11 Aug
10:41

Europe demand lifts Severstal Distribution sales

Severstal Distribution increased sales in the first half of the year, the company says. Shipments amounted to 1.3 million tonnes, up by 8% on-year, Kallanish notes. Severstal’s sales in Russia increased to 580,000 tonnes, up by 4% on-year. Shipments to Europe amounted to 740,000t, up by 13% on-year. “We have created a large distribution centre in Vologda for the prompt supply of our regional warehouses with rolled metal,” says Severstal Distrib…
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