Severstal, MMK Results Show Revival in Steel | Business | The Moscow Times

Severstal, MMK Results Show Revival in Steel | Business | The Moscow Times: “Fourth-quarter production figures released by Severstal and Magnitogorsk Iron & Steel Works on Tuesday provided further evidence that Russian steel is bouncing back from the depths of the economic crisis that caused mills to slash output from October 2008.

Severstal, Russia‚Äôs largest producer, said Tuesday that fourth-quarter output reached 4.62 million metric tons, up 47 percent from the year-earlier period.”

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