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Press Release

MMK Announces Operational Trading Update for Q4 and FY 2009




Production

Q4 2009

Q3 2009

 

FY 2009

FY 2008

 

‘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%




 

 

 




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%

* including thick plate, CRC and downstream products






  • MMK retained leading positions among Russian steel producers in 2009 with the market share of 17%. 
  • Total crude steel output in 2009 equaled to 9,618 th.tons.  Finished products output amounted to 8,764 th.tons.
  • Finished steel production in 2009 decreased by 20% y-o-y, at the same time HVA products output decreased by only 12%.
  • HVA share in 2009 went up to 27.4%. MMK discontinued production of commercial slabs and billets.
  • 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.
  • 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.

  • 2010-02-03

    Please see Magnitogorsk Iron & Steel Works (MMK) company electronic office

    Information and Public Relations Department
    MMK
     
    Phone: +7 (3519) 24-03-02
    Fax: +7 (3519) 24-85-54
    E-mail: press@mmk.ru

    Company press releases




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