Russia's new steel production and sales increased year on year

Russia's new steel production and sales increased year on year

    From 2017 full year, Russia's new steel sales of 16.47 million tons, a slight increase of 3.4%. Among them, the sales volume of commercial slab slipped 3.0% YoY to 4.6m tonnes, while the sales of flat products increased 5.9% YoY to 8.49mt.The sales volume of longs edged up 3.7% YoY to 2.82mt, while the sales of finished steel dropped further to 65.5%, while the sales of semi-finished steel increased to 34.5%.At the same time, the sales volume of steel products produced by Russia's Xin Gang edged up by 2.8% YoY to 10.7m tonnes, accounting for 65.0% of the sales, maintaining a stable year-on-year rate; the volume sold to external markets edged up 1.8% YoY to 5.77m tonnes, Sales accounted for 35.0%, unchanged from the same period of last year.


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