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Severstal

January 6, 2004

Production and shipping indicators for December 2003 and 12 months of 2003

 

Units of measurements

Produced in December

2003

Produced during  
12 months of 2003

Production of 2003 compared to 2002 (%)

Production of 2003 compared to 2002 ( +/-)

Coke 6 % of humidity

thousand tons

353.7

4146.0

101.1

46.1

Sinter

 

thousand tons

673.2

7827.9

99.0

-82.3

Pig iron

 

thousand tons

676.1

7641.2

98.8

-91.3

Steel

 

thousand tons

887,0

9888,1

102,7

259,4

Rolled steel (total)

 

thousand tons

787,2

8810,5

103,2

274,1

Commenting upon the enterprise performance results, Production Director of  "Severstal" Mr. A.V. Pogozhev said that both in December, and throughout the year the monthly plans for saleable rolled product were fulfilled. Despite of extensive maintenance in Blast Furnace Shop, particularly a 40 days shutdown of BF #2, the program for steel production was exceeded. Observance of tough consumption ratios (hot metal per ton of steel), particularly in converter production, as well as the production of electric steel with predominant use of pig-iron, which was reserved in plenty taking into account the maintenance of Blast Furnaces.

According to the operative data, the company has exceeded its 8.7 million tons 2003 program for production and shipping of the rolled products.

According to ?.V. Pogozhev, in 2004 Severstal will continue implementation of the previously accepted programs, including those regarding technical modernization and repairs of the major production capacities. With favorable market situation the possibility of increasing production of saleable rolled products is considered, particularly due to optimization of maintenance operations and preservation of the tendency to reduce consumption ratios on all process conversion stages of the company.



06 January 2004

 

 

 

 

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