Evraz boosting slab supplies from Russia to NA operations
Aug 28, 2014 | 09:59 AM
| Michael Cowden
CHICAGO Evraz Plcs Nizhny Tagil Metallurgical Plant in Russia (Evraz NTMK) is ramping up slab supplies to the steelmakers North American operations.
With Chicago-based Evraz Inc. North America consuming more slab from Evraz NTMK, the Russian steelmaker has been able to reduce its reliance on third-party slab suppliers and cut costs dramatically, according to commentary released with earnings data Aug. 27. For example, Evraz is supplementing melt from its mill in Regina, Saskatchewan, with Evraz NTMK slab as it looks to boost rolling utilization in Regina.....
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