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18 Jan
17:12

Sluggish construction hampers Evraz output, but semis surge

Evraz expects pig iron production in its Russia and Kazakhstan segment to fall -2% on-quarter in the first quarter due to the shutdown of NTMK’s blast furnace no.6 for capital repairs. BF7 is due for launch in February. The steelmaker's consolidated finished products output fell -12.4% on-quarter in the fourth quarter of 2017 to 1.69 million tonnes. This was led by a -28.6% drop in construction steel output to 735,000t, reflecting the seasonal construc…
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