NEW YORK Evraz
Plc reported a sharp fall in its North American steel
sales in the first half of the year on slightly higher
steelmakers Americas division posted sales of $1.37
billion in the first half, down 13.6 percent from $1.58 billion
in the same period last year on volumes that increased 0.3
percent to 1.35 million tonnes.
North American crude steel output fell 9.2 percent in the first
half vs. the same period last year due to maintenance work at
Evraz Pueblo in Colorado in the second quarter, inventory
optimization and several unplanned outages in the first
quarter. However, finished steel output rose 3.6 percent in the
same comparison thanks to gains in flat-rolled and construction
Evraz completed a
project to increase rolling capacity at its Pueblo, Colo., rail
mill by 10 percent during the first half, and is finalizing a
project to boost rolling speeds at its Claymont mill in
Delaware, it said.
Evraz expects additional volumes from an investment in
premium threading capacity at its tubular facility in Calgary,
Alberta, in the second half (
amm.com, June 19, 2012).