AT A GLANCE: Evraz Q3 Semi-finished Steel Sales Down On Low Steel Output, High Domestic Finished Steel Consumption
A summary of sales figures from Russian steelmaker Evraz in the third quarter of 2020, it said in a trading update report published on Thursday October 29.
Evraz CIS in brief Sales of semi-finished steel products from Evraz’s assets in the Commonwealth of Independent States (CIS) dropped by 21.6% year on year to 1.3 million tonnes in the third quarter of 2020 from 1.67 million tonnes in the previous quarter. The company’s CIS assets include Russia-based West Siberian Iron and Steel Works (ZSMK) and Evraz Nizhniy Tagil Iron & Steel Works (NTMK) as well as Caspian Steel in Kazakhstan. The company’s semi-finished product sales mainly dropped due to the increase in sales of finished goods to the Russian market as well as lower steel output due to the planned…
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