Mechel posts increase in crude steel output for H1

Wednesday, 01 August 2012 10:31:51 (GMT+3)   |  

Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in the first half of 2012 increased by 13 percent to 3.39 million mt compared to the same period of the previous year.
 
In the given period, Mechel increased its pig iron output by 10 percent year on year to 2.01 million mt, while its coal production improved by seven percent to 13.38 million mt compared to the first half of 2011. In the given period, the company's coke sales saw a 10 percent increase year on year.

According to Mechel's statement, in January-June this year its flat steel product sales increased by 12 percent year on year, while its long steel product sales registered four percent growth compared to the first half of 2011.

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