Russia: Severstal Q2 & H1 2016 operational results
Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announced its operational results for Q2 & H1 2016. Hot metal output decreased by 6% QoQ to 2.21 million tons (2.35 million tons in Q1) mainly impacted by short-term maintenance of BF No. 5 at Cherepovets Steel Mill (CherMK) during the quarter.…