16
Apr
14:56
Severstal's first-quarter output, sales up, financials soar
Russian steelmaker and miner Severstal ramped up crude steel and products output in the first quarter, boosting sales on-quarter. The unprecedented price rise at the end of 2020 and throughout 2021 has boosted revenue and profit exponentially, Kallanish learns from the company.
Severstal expects its financial position and sales to remain strong throughout Q2, based on current market indications.
At 2.96 million tonnes, output of crude steel in Q1 was&n…
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Anonymous
Very good overview of the weekly steel market.
Anonymous