The Russian steel producer
Severstal has said that in 2010 its
scrap processing division increased its total sales by 38 percent compared to 2009 to 1.09 million mt, with
scrap shipments to
Severstal Cherepovets, the main steel producing facility of
Severstal Russian Steel, increasing by 1.5 times year on year.
Accordingly, the share of shipments of
scrap processed by
Severstal's
scrap processing division in
Severstal Cherepovets's total
scrap purchases reached 33 percent in certain months of 2010 compared to an average of 23 percent in 2009.