Izhstal (part of Mechel Group) mastered output of new types of products for the automobile industry.
Izhstal (part of Mechel Group) has sold over 8,000 tonnes of rolls more than 120 mm in diameter over the past five months, which is 6% more year-on-year.
Izhstal PAO (part of Mechel Group) sold over 32,000 tonnes of steel products to consumers from the CIS member states in 2020. This is 4% more than in 2019.
Moscow, Russia – 28 May 2020 – Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports increased sales of rails and sections for wagon building over the first four months of 2020.
Izhstal PAO (part of Mechel Group, MOEX: IGST) confirmed its steel products’ compliance with EU requirements. The plant was granted a certificate allowing it to put CE markings on its products, which means that the plant is using safe raw materials and complies with European norms.
Izhstal PAO (part of Mechel Group, MOEX: IGST) has mastered production of conductor rails used to feed electricity to underground metro cars. Until now, Russia has not produced this type of rails.
Izhstal PAO (part of Mechel Group, MOEX: IGST) has shipped 42,000 tonnes of steel products in January-September to its foreign customers, which is a 81% increase year-on-year.