The Ukrainian Metal

Russia: Severstal output up in Q3 2018

In July-September Severstal produced 3.06 million tons of steel, up by 2% QoQ.

Pig iron output also grew by 2%, to 2.3 million tons.

Steel sales reached 2.71 million tons, down by 5%, with local sales up by 1%, to 65%.

In 9 months Severstal produced 6.91 million tons of pig iron and 9.1 million tons of steel, up by 1% and by 5% YoY respectively.

Steel sales grew to 8.42 million tons from 8.14 million tons. (Ukrainian metal)

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