18
Oct
16:36
Severstal's third-quarter output flat, sales weigh to semis
Russian steelmaker and miner Severstal increased hot metal and crude steel output in the third quarter. Steel sales were however almost flat, alongside a rise in pig iron and slab export sales, amid customers' expectations of ongoing price declines.
Sales of higher-value-added products also declined, amid softening demand and higher pig iron sales, Kallanish learns from the company. But the firm's financial performance remained strong amid higher aver…
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Anonymous
Very good overview of the weekly steel market.
Anonymous