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Russian Severstal’s Q2 crude steel output falls by 5% q-o-q
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Russian steelmaker Severstal announced its sales report for the second quarter of this year.
It’s learned that the company’s crude steel production dropped by 5% quarter on quarter to 3.8 million tons in the second quarter.
In the second quarter of this year, the Russian company’s sales volumes of steel products decreased by 1% year on year.
Meanwhile, Severstal Resources, a division of Severstal sold 3.8 million tons of iron ore in the second quarter, rising by 5% from a quarter earlier.
News Date
7/31/2012 9:29:31 AM
reported by
Sancia Li
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