In January-March Mechel increased steel output by 8% YoY, to 1.121 million tons.
According to the company statement, pig iron output went up by 4%, to 1.046 million tons, flat rolled metal manufacture increased by 20%, to 153 thousand tons, bars – dropped by 4%, to 705 thousand tons.
The production of beams, rails and shapes at Chelyabinsk Iron and Steel Works jumped by 63%, to 157 thousand tons.
“Steel output at ChMK in March was 350 thousand tons, which is an absolute record for the converter shop”, Mechel CEO Oleg Korzhov noted. (Ukrainian metal)