Evraz ups Q1 semi-finished steel output as CIS construction sector demand falls

Russian steelmaker Evraz increased its semi-finished and cut its finished steel output in the first quarter, in response to reduced demand from the construction sector, the company said on Thursday April 20.

The company’s CIS steelmaking assets include the West Siberian Iron & Steel Plant (ZSMK) and Nizhny Tagil Metallurgical Plant (NTMK) in Russia, Evraz Caspian Steel in Kazakhstan and DMZ Petrovskogo in Ukraine. Semi-finished steel product output at Evraz’s facilities in Russia and Kazakhstan rose by 10.27% year-on-year...

Published

Alona Yunda

April 20, 2017

12:53 GMT

London