Russia: Evraz sales down in Q3 2018

In Q3 Evraz decreased its consolidated steel sales by 10.3% YoY, to 3.1 million tons. The decrease is due to the drop in pig iron manufacture. Rolled metal sales fell by 1.2%, mostly because of the decrease in the railroad rails, wheels and flat metal sales. Semi-finished steel products sales fell by 0.7%. Coking coal…

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Kazakhstan: AMT invests 3 billion tenge in processing factory modernization

The processing factory of the Orken-Atasu will enter the new 2019 year with a completely modernized complex. Investments of ArcelorMittal Temirtau in the project will reach over 3 billion tenge. The factory employees have completed the manufacturing plan of iron ore mining and processing in advance. Thus, the factory was ready for the large-scale reconstruction…

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