Mechel’s trading arm, Mechel-Service, posted a 9% on-year increase in deliveries in January-September to 1.23 million tonnes.
Sales of hardware products grew by 129%, structural shapes by 28%, beams by 29%, and reinforcement and wire by 3% and 38%, respectively.
“We continue to develop sales of high-margin products and this year we plan to increase the sales of ropes and hardware from Mechel’s Beloretsk Metallurgical Plant, as well as the products of the rail and section mill of the Chelyabinsk Metallurgical Plant,” says Mechel-Service director for sales Stanislav Karpov. “We plan to continue creating sub-sorting warehouses in Russia’s regions, as well as equipping covered warehouses.”
Earlier, Mechel-Service delivered 12,000 tonnes of beams for the construction of the Amur Gas Processing Plant of Gazprom (see Kallanish passim). Among the products supplied were I-beams, which have a high load-bearing capacity with a low specific weight. Its flanges distribute the load and reduce the risk of structural failure.
Mechel-Service posted a 4% on-year increase in shipments in 2020 to 1.52 million tonnes despite the impact of the Covid-19 pandemic. The company continued to supply large infrastructure projects in Russia, housing construction, construction of bridges and sports facilities.
Parent company Mechel saw first-quarter-2021 sales of long products fall 7% on-quarter and 13% on-year to 564,000t. Despite lower sales and output, revenue rose 10% on-quarter and 13% on-year to RUB 76.1 billion ($1.04 billion), while profitability rose to 24%.
Svetoslav Abrossimov Bulgaria
