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9-Severstal Steel raise production to meet export demand - 14 Jul 2009

It is reported that Russian Severstal Steel intends to raise the rate of capacity utilization from 75 percent to 80 percent in Cherepovets plant in late July due to the increasing export demand.
Moreover, the annual output of crude producton of Cherepovets plant is 1150 million tons and the plant will run with full capacity utilization of long steel because of the seasonal increasing demand.Besides, Severstal’s 20 percent steel is supplied to mainland market.

source:yieh.com

Jul 14, 2009 10:03
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