Russian steelmaker Severstal has announced that in 2013 its Cherepovets Steel Mill produced 1,258,000 mt of long products, up 14 percent year on year, registering the highest production volume for five years. The company said that the increase is attributed to organizational and technical initiatives that are introduced to increase slab production for long products and the performance of section mills.
In 2013, Cherepovets Steel Mill saw a 27 percent growth in shipments of long products to the construction industry, compared to 2012, thanks to growing demand in the construction industry. In 2014 the company will continue delivering long products for the northwest Western High-Speed Diameter, one of the largest infrastructure projects currently under development.