Intel Details

EVRAZ's steel sales decrease 3% y-o-y in CY'20

Semi Finished
29 Jan 2021, 15:00 IST
Steel Mint Intel

EVRAZ reported total steel sales at 13 mn t in CY'20, a decline of 3.1% y-o-y against 13.4 mn t in CY'19. Semi-finished sales increased by 6.1% y-o-y, primarily due to a change in the product mix in favour of higher slab and billets sales to export destinations. Finished sales declined by 10.1%, mainly attributable to the sale of its plate mill in Italy in CY'19, as well as lower tubular and flat-rolled products sales in North America, amid unfavourable market conditions caused by the pandemic.

29 Jan 2021, 15:00 IST
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