PJSC Mechel Reports 1H2020: ferrosilicon output and sales saw an increase of 46% quarter-on-quarter

  • Tuesday, August 25, 2020
  • Source:ferro-alloys.com

  • Keywords:PJSC Mechel,1H2020,Operational Results,ferrosilicon
[Fellow]"As Bratsk Ferroalloy Plant launched its upgraded ore thermal furnace #3, the plant increased output and sales of ferrosilicon (+46% quarter-on-quarter)."
[Ferro-Alloys.com] Mechel PAO (MOEX:MTLR, NYSE:MTL), one of the leading Russian mining and metals companies, announces 1H2020 operational results.
 
Mechel PAO's Chief Executive Officer Oleg Korzhov commented on 1H2020 operational results:
 
"As Bratsk Ferroalloy Plant launched its upgraded ore thermal furnace #3, the plant increased output and sales of ferrosilicon (+46% quarter-on-quarter). Transfer of a major shipload, already prepared for dispatch, from the first to the second quarter contributed to this result.
 
Sales:
 
Product Name 1H2020, thousand tonnes 1H2019, thousand tonnes % 2Q2020, thousand tonnes 1Q2020, thousand tonnes %
Ferrosilicon 31 36 -14 18 13 46
Including ferrosilicon supplied to third parties 21 24 -10 13 8 58
 
Source: accesswire.com
 
 
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