Russia: CherMK railroad sales down in September 2018

In September Cherepovets Iron and Steel Works sales totaled 520.7 thousand tons, down by 2.7% YoY.

According to the customs statistics, in January-September sales reached 5.97 million tons, up by 4.6% YoY.

Deliveries to Russian customers dropped by 0.5% YoY, to 4.1 million tons, while exports grew by 17.8%, to 1.87 million tons. (Ukrainian metal)

Russia: CherMK enters active phase of hydraulic roll screwdown repair

Cherepovets Iron and Steel Works has started construction works within the project to modernize hydraulic roll screwdowns of edging stands and horizontal stands of the mill-2000 in the sheet-rolling shop No. 2. Investments in the project total 1 billion rubles. At present the general contractor is constructing foundation pits for the pump stations and prepares…

Russia: CherMK electricity output up in H1 2018

In January-June Cherepovets Iron and Steel Works produced 2251 million kW-h of electricity, up by 1% YoY.

“The increase allowed driving the consumption of our own electricity to 77.2% of the total amount, which is one of the best results in the industry”, Severstal Russian Steel CEO Vadim Germanov said. (Ukrainian metal)