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