Russia’s Mechel halts ops at 2 more Romanian plants due snowfall

МечелMOSCOW, Feb 17 (PRIME) -- Russian metals and mining group Mechel said Friday that it had suspended operations at two more steel smelters in Romania, Mechel Targoviste and Ductil Steel Otelu Rosu, due to limited scrap supply caused by heavy snowfalls.

Andrei Deineko, CEO of Mechel-Steel Management Company, said that the plants were using winter stores of scrap over the past few days, which are now depleted.

On Wednesday, Mechel has temporarily suspended operations at Romanian Mechel Campia Turzii and Ductil Steel Buzau as the plants were cut off from major roads due to severe weather conditions. Mechel plans to resume operations at Campia Turzii and Ductil Steel Buzau plants on February 22 and February 24, respectively.

End

17.02.2012 20:02
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 39.8077 +0.0559 22 may
USD 31.1582 -0.2339 22 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1322.85 +0.35 23:45 21 may
micex 1298.47 +2.12 23:34 21 may
nyse 7542.98 0.00 09:33 22 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
sber 81.95 +4.81 18:49 21 may
rosn 195.04 -1.10 18:49 21 may
gazp 142.00 +1.73 18:49 21 may
lkoh 1640.00 +2.91 18:49 21 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 39.9000 +0.1550 14:59 21 may
USDTD 31.1975 -0.1225 14:59 21 may