Severstal’s Q3 coated steel sales boosted by delayed start to Russia's construction season

Severstal saw its domestic sales of galvanized and colour-coated steel products increase by 24-35% year-on-year in the third quarter of 2017.

Increased cold-rolled coil output, growing demand for coated products and the delay in the start of Russia's construction season, were key factors, the company said. “The growth in sales of galvanized and the colour-coated steel products came in due to the more vivid demand from the construction sector generally, as well as the fact that the Russia’s construction season started later...

Published

Nadia Popova

October 12, 2017

15:23 GMT

Moscow