Trade Resources Industry Views Mechel Has Announced That in The First Half of This Year Its Crude Steel Output Decreased

Mechel Has Announced That in The First Half of This Year Its Crude Steel Output Decreased

Mechel, one of the leading Russian mining and steel groups, has announced that in the first half of this year its crude steel output decreased by 17 percent to 2.127 million mt, while its pig iron output declined by five percent to 1.9 million mt, both year on year. Mechel's run-of-mine coal production in the first six months of the year declined by 16 percent compared to January-June 2013 to 11.198 million mt.

In the January-June period of this year, the company's steam coal sales saw a 15 percent decrease year on year to 2.528 million mt. Coking coal concentrate sales in the first half of this year decreased by seven percent to 5.354 million mt, while iron ore concentrate sales went down by five percent to 1.886 million mt, both on year-on-year basis.

Source: http://www.steelorbis.com/steel-news/latest-news/mechel-sees-17-percent-decline-in-crude-steel-output-in-h1-841047.htm
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Mechel Sees 17 Percent Decline in Crude Steel Output in H1
Topics: Metallurgy