ZMZ decreases steel smelting volume in January-February

In January-February of the current year, Zlatoust Metallurgical Works (ZMZ) significantly decreased its steel smelting volume from 40,900 mt in the same period last year to 11,900 mt, due to its new policy which includes increased billet purchases from its strategic partner Chelyabinsk Metallurgical Plant, a subsidiary of Russian steelmaker Mechel.
 
Meanwhile, in the first two months of this year, ZMZ increased its commercial grade rolled steel product output by 68 percent year on year to 80,300 mt, while its steel product shipments went up by 66.8 percent to 75,300 mt, including 1,500 mt of calibrated steel - up 77.4 percent, and 2,900 mt of steel products with special surface finish - up 79.5 percent, all compared to January-February 2010.