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26 Jul
09:05

Evraz grows second-quarter sales, expects lower iron output

Evraz expects third-quarter pig iron and iron ore pellet output in Russia to decline versus Q2 due to maintenance. The steelmaker saw consolidated finished product sales rise 10.3% on-quarter in Q2 due to stronger Russian demand for construction and railway products, and demand improvement in North America. Second-quarter finished steel sales reached 1.95 million tonnes, although semi-finished steel sales fell -7.8% to 1.2mt due to a change in the sales mix. Thi…
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