04
Oct
13:38
Metalloinvest redirects ore, metallic sales to domestic market
Russian iron ore and steel producer Metalloinvest raised iron ore sales in the first half of the year, but steel production remained flat. The firm continues its drive to increase the share of high-value-added (HVA) products in the product mix to ride out economic volatility.
Crude steel production was stable on-year in H1 at 1.7 million tonnes, according to Russian media reports.
The company did not reply to a Kallanish request for comment before deadline.
Th…
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Very good overview of the weekly steel market.
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