‘Minor’ outages curb Evraz’s North American steel output

Apr 18, 2013 | 04:58 PM | Thorsten Schier

Tags  Evraz, quarterly results, flat-rolled steel, tubulars, railway, construction, Thorsten Schier

NEW YORK — "Minor" unplanned outages led to a drop in first-quarter crude steel production at Evraz Plc’s North American operations, the company said, although it expects to reach its targeted output in the second quarter as "technical issues" at the steelmaker’s plants have now been resolved.

Crude steel production fell 8 percent to 561,000 tonnes in the first quarter compared with the same year-ago period, the London-based steelmaker said April 18, while finished steel output at its U.S. operations improved 7.7 percent to 717,000 tonnes in the same comparison due to continued high utilization rates.....

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