Evraz’s crude steel output up 3.9 percent in Q2 from Q1 level

Thursday, 26 July 2018 16:44:35 (GMT+3)   |   Istanbul
       

Russian mining and steelmaking company Evraz Group has announced its operational results for the second quarter of the current year, stating that its crude steel production increased by 3.9 percent to 3.48 million mt compared to the first quarter of this year.

In the given quarter, the company’s raw coking coal production fell by 9.2 percent to 5.42 million mt, while its iron ore products output remained stable at 3.42 million mt, both on quarter on quarter.

Meanwhile, in the second quarter of this year, finished steel sales of Evraz totaled 1.94 million mt, up 10.3 percent from the previous quarter, primarily attributable to stronger domestic demand for construction and railway products, as well as improved market demand in North America.


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