The volume of the stainless steel manufacturing decreases by 17.8%.
Edited by Rhod Mackenzie / 2014-08-21 08:29:02
In H1 2014 the volume of the domestic primary stainless steel manufacturing (the flat rolled products, long rolled products and forgings) decreased by 17.8% compared to the same period last year. The production of the flat-rolled products decreased by 49.3%, and the primary preparation - by 22.6%. The production of the long rolled products, in contrast, increased by 12.5%.
The Mechel group faced the largest decline. The Chelyabinsk Metallurgical Plant has reduced its output by 60.0%, Izhstal - by 18.5%, Urals Stampings - by 26.2%, Zlatoust Metallurgical Plant - by 22.8%.