The Russian steel producer Severstal has announced that its scrap processing
division has reached its pre-crisis volume levels of raw material processing.
In particular, in the first half of the current year the scrap processing
volume from Severstal's stamping production facility Gestamp-Severstal
Vsevolozhsk increased by almost three times compared to the same period last
year. In the first six months, 2,430 mt of ferrous scrap were shipped to
Severstal Vtormet, Severstal's main scrap processing subsidiary.
In the future, Severstal plans to ship all the scrap from all stamping
production of its JV Gestamp-Severstal in Russia to Severstal Vtormet, including
from the recently opened plant in Kaluga.
