Evraz steel, iron-ore product sales fall in Q1 as quarterly production slips | 29 April 2021
29 April 2021 | 08:04am StockMarketWire.com - Mining company Evraz reported a fall in steel, iron-ore product sales in the first quarter of the year, as output fell owing to unscheduled maintenance. Total sales of steel products dropped by 9.9% quarter-on-quarter, driven primarily by lower sales of semi-finished products amid reduced steel availability, the company said. Consolidated crude steel output fell by 1.7% quarter-on-quarter, owing to 'unscheduled downtime of the sintering machine at EVRAZ ZSMK,' it added. Total raw coking coal production climbed by 7.8% quarter-on-quarter, with co...
Source: stockmarketwire.com