Author: Lalita
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Russia: Severstal’s Steel Export Share Increased to 45% in Q1 CY’20 on Dull Domestic Demand
Severstal, one of Russia’s major steel makers announced operational results today for Q1 CY20. The company’s total steel production of crude steel was registered at 2.85 MnT, increased by 5% on Q-o-Q basis, driven by an increased number of castings in Q1 CY20 and the completion of short-term maintenance works at steelmaking facilities in Q4 CY19.…