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30 Jul
11:34

Russian demand, post-maintenance slab recovery boost Evraz shipments

Improved Russian finished steel demand, and higher slab shipments following the completion of maintenance on Evraz NTMK oxygen converters boosted Evraz’s consolidated sales 6% on-quarter in the second quarter to 3.24 million tonnes. The steelmaker expects Q3 pig iron output to decline slightly, Kallanish notes. Evraz’s steel segment saw semi-finished steel sales rise 2.3% in Q2 to 1.44mt, driven by a 31% surge in slab sales to 870,000t and despite a 25…
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