2nd Feb 2010 07:00
February 02, 2010
MMK Announces Operational Trading Update for Q4 and FY 2009
|
Production |
Q4 2009 |
Q3 2009 |
|
FY 2009 |
FY 2008 |
|
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|
'000 tons |
'000 tons |
% |
'000 tons |
'000 tons |
% |
|||
|
Cast iron |
2 239 |
2 326 |
-4% |
8 163 |
8 541 |
-4% |
||
|
Crude steel |
2 558 |
2 831 |
-10% |
9 618 |
11 957 |
-20% |
||
|
Finished products output |
2 327 |
2 601 |
-11% |
8 764 |
10 911 |
-20% |
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|
|
|
|
|
|
|
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|
Production |
Q4 2009 |
Q3 2009 |
|
FY 2009 |
FY 2008 |
|
||
|
'000 tons |
'000 tons |
'000 tons |
'000 tons |
'000 tons |
'000 tons |
|||
|
Finished products output: |
2 327 |
2 601 |
-11% |
8 764 |
10 911 |
-20% |
||
|
Slabs and billets |
1 |
2 |
- |
3 |
952 |
-100% |
||
|
Long products |
175 |
312 |
-44% |
1 004 |
1 577 |
-36% |
||
|
Flat hot-rolled products |
1 452 |
1 553 |
-7% |
5 355 |
5 661 |
-5% |
||
|
High value added (HVA) products* |
699 |
735 |
309% |
2 403 |
2 721 |
-12% |
||
|
Thick plate |
130 |
29 |
347% |
159 |
0 |
- |
||
|
Flat cold-rolled products |
293 |
331 |
-12% |
1 090 |
1 362 |
-20% |
||
|
Downstream products: |
277 |
375 |
-26% |
1 154 |
1 359 |
-15% |
||
|
Tin plate |
41 |
59 |
-30% |
212 |
216 |
-2% |
||
|
Galvanized steel |
117 |
177 |
-34% |
490 |
455 |
8% |
||
|
Galvanized colour-coated steel |
55 |
68 |
-19% |
207 |
157 |
32% |
||
|
Band |
28 |
23 |
22% |
106 |
282 |
-62% |
||
|
Formed section |
26 |
25 |
4% |
79 |
187 |
-58% |
||
|
Pipes |
10 |
21 |
-54% |
57 |
62 |
-7% |
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|
* including thick plate, CRC and downstream products |
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Ø MMK retained leading positions among Russian steel producers in 2009 with the market share of 17%.
Ø Total crude steel output in 2009 equaled to 9,618 th.tons. Finished products output amounted to 8,764 th.tons.
Ø Finished steel production in 2009 decreased by 20% y-o-y, at the same time HVA products output decreased by only 12%.
Ø HVA share in 2009 went up to 27.4%. MMK discontinued production of commercial slabs and billets.
Ø Plate Mill 5000 production kept on increasing to amount to 130 th.tons in Q4 2009. Total thick plates production from the start-up of Plate Mill 5000 amounted to 159 th.tons.
Ø Due to start-up of new facilities MMK increased output of major downstream product types: galvanized and color-coated steel output in 2009 amounted to 490 th.tons and 207 th.tons respectively which is 8% and 32% higher y-o-y.
* * *
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