Severstal to increase crude steel output by five percent in 2011

Monday, 11 July 2011 16:58:14 (GMT+3)   |  

In the current year Russian steelmaker Severstal Russian Steel plans to produce 11.5 million mt of crude steel, up five percent compared to 2010.


In the first quarter of 2011, Severstal increased its crude steel production by five percent compared to Q1 2010, to 3.652 million mt, but this volume was down five percent compared to Q4 2010. In the given period, Severstal Russian Steel produced 2.6 million mt of pig iron, down four percent compared to Q4 2010.


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