The members of “Russian Steel” reduced rolled products output by 2.6%

The shipment of the rolled products to the domestic market by the enterprises-members of “Russian Steel” made up 2.70 million tons in June 2013 (+4.6% against June 2012 and -1.7% against May 2013). In the first half of 2013 the shipment of rolled products to the domestic market increased by 1.4% to 15.79 million tons against the same period last year.

Exports by the main enterprises-members of “Russian Steel” made up 1.74 million tons in June 2013 (-10% against June 2012 and -6.5% against May 2013). Export decreased by 7.6% to 11.39 million tons in H1, 2013 compared to the same period last year.

The reduction of export supplies was due to a reduction of metal products consumption on the world market, in particular, on the European market, which is one of the main export markets for Russia.

The volume of finished rolled products output by the main enterprises-members of “Russian Steel” makes up about 90% from the total production in Russia (the plants of “EvrazHolding” LLC, OJSC “Severstal”, OJSC “MMK”, NLMK Group, OJSC “Mechel” and the plants of “Metalloinvest”).

The finished rolled products are slabs, billet, flat and long products.

http://www.metalinfo.ru/ru/news/65340

Translated by Iraida Idiyatova