It is reported that Cherepovets Steel Mill, a group mill of Severstal has already received full order booking for March with full utilization rate.
In response to increasing steel prices and high raw material cost globally, Cherepovets Steel Mill has also increased the price by 2% and 3% on its hot rolled sheet and cold rolled sheet to be delivered in March 2013.
The Cherepovets Integrated Iron and Steel Works (CherMK) is a subsidiary of OAO Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, and is one of Russia’s largest metallurgical facilities.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63248&division=A9
