31
Jul
14:08
China pellet demand helps Metalloinvest lift first-half output
Russian iron ore and steel producer Metalloinvest raised output in the first half of the year. The firm continues its drive to increase the share of high-value-added (HVA) products in the product mix to ride out economic volatility. However, H1 HVA steel sales fell considerably.
Crude steel production was up by 4.6% on-year in H1 to 2.5 million tonnes. However, hot metal production decreased by -7.2% to 1.3mt. Output of hot-briquetted iron/direct reduced iron rose…
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Anonymous
Very good overview of the weekly steel market.
Anonymous