Mechel increases crude steel output by 11 percent in Q1

Mechel, one of the leading Russian mining and steel groups, has announced that in the first quarter of the current year it increased its crude steel production by 11 percent year on year to about 1.59 million mt, due to the launch of new production facilities.
 
Accordingly, the launch of a new electric steelmaking complex at Izhstal and a new high-quality and stainless steel production complex at Chelyabinsk Metallurgical Plant in 2010 enabled Mechel to boost steelmaking and billet-making capacities. 
 
In its mining segment, Mechel's Q1 coking coal concentrate production volumes went up by 31 percent year on year, despite the temporary halting of the coking coal washing shop of Yakutugol's Nerungrinsk washing plant due to an accident.
 
Meanwhile, Mechel's ferroalloys segment posted good results in Q1 by stabilizing its work in wintertime and ensuring sufficient supply of raw materials for its facilities.