16 Jul 2012 16:59

Evraz cuts Q2 steel output 4.4% to 4.04 mln tonnes

MOSCOW. July 16 (Interfax) - Evraz plc reduced crude steel output 4.4% year-on-year in Q2 2012 to 4.309 million tonnes, the company said in a statement.

Steel production was 6.6% lower than in Q1 2012.

Steel product output fell 7.7% year-on-year in Q2 to 3.491 million tonnes and was 6.3% down on Q1 2012. The share of finished products in the consolidated steel product mix was 80%, compared with 79% in Q1 2012.