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Mechel’s crude steel products drop in H1

Russia based mining and steel company Mechel announced that its crude steel output totaled 2.12 million tonnes in the first half, falling by 17% from the same quarter a year ago.

Meanwhile, its output of pig iron was at 1.9 million tonnes in the quarter, decreasing by 5% YoY.

The company said that its sales of ferrosilicon dropped by 12.5% to 42,000 tonnes in the first six months of this year.

Source – yieh

(www.nctv.net)

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