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07 May
15:56

Metalloinvest raises first-quarter high-value-added products sales

Iron ore miner and metallics and steel producer Metalloinvest increased output on-quarter in the first quarter, but it declined to some degree on-year. Demand in traditional and domestic markets recovered in Q1, leading to lower shipments to China. Although the company does not provide a detailed breakdown of all shipments, it notes that European shipments retained the largest share at 73% of all exports. Shipments of pig iron and steel products to Russia meanwhil…
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