Joint-Stock Company Severstallat increases production output

According to chairman of the company Andrew Alekseyev, in the 2013th new production line is going to start working. It will produce 13-38 mm thin-wall steel pipes. In this year the production line already has been producing pipes upon requests of clients, but it wasn’t fully loaded. The next year it will produce the goods that will be delivered to the Baltic States, Northland and Central Europe. The chairman also noticed that the existing market environment is not so critical as it was in 2008-2009 years, but economic problems still exist. They are connected with the debts of European countries, slowdown of Chinese GDP growth and jobless rate in USA. All these factors create instability in world economics. Due to this instability there risks arise on the metal market. And this makes steel manufacturers and consumers to focus on working efficiency and elasticity and to keep their eye on the ball.