Russia’s Tulachermet ups pig iron output by 4.8 percent in H1

Monday, 05 July 2010 11:58:51 (GMT+2)

Russia-based Industrial Metallurgical Holding has announced that in H1 2010 its pig iron producing subsidiary Tulachermet increased its pig iron output by 4.8 percent year on year to about 1.102 million mt, which constitutes 100.7 percent of its production target for the period in question.

Meanwhile, Tulachermet's H1 pig iron sales went up by 2.6 percent year on year. The company noted an increase in shipments to the domestic market, with the share of pig iron exports decreasing from 91 percent of total pig iron production in H1 2009 to 86 percent of total output in H1 2010.

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