Mechel PAO Q3 ferrosilicon output and sales decrease by 13%

  • Wednesday, November 25, 2020
  • Source:ferro-alloys.com

  • Keywords:Mechel PAO,ferrosilicon output and sales
[Fellow]Mechel PAO's Chief Executive Officer Oleg Korzhov commented on operational results.
[Ferro-Alloys.com] Mechel PAO (MOEX:MTLR)(NYSE:MTL), one of the leading Russian mining and metals companies, announces 3Q2020 and 9M2020 operational results.
 
Mechel PAO's Chief Executive Officer Oleg Korzhov commented on operational results.
 
"The decrease in ferrosilicon output and sales by 13% quarter on quarter was due to ongoing equipment repairs at Bratsk Ferroalloy Plant.

Sales:

Product Name 9M2020, thousand tonnes 9M2019, thousand tonnes % 3Q2020, thousand tonnes 2Q2020, thousand tonnes %
Ferrosilicon 47 52 -9 16 18 -13
Including ferrosilicon supplied to third parties 31 36 -15 9 13 -27

 

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