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MMK

April 19, 2010

MMK announces operational trading update for Q1 2010

Production

Q1 2010

Q4 2009

 

`000 tons

`000 tons

%

Cast iron

2 235

2 239

0%

Crude steel

2 732

2 558

7%

Finished products output

2 453

2 327

5%

Production

Q1 2010

Q4 2009

 

`000 tons

`000 tons

%

Finished products output:

2 453

2 327

5%

Slabs and billets

0

1

-100%

Long products

210

175

20%

Flat hot-rolled products

1 509

1 452

4%

High value-added (HVA) products*:

734

699

5%

Thick plate

176

130

35%

Flat cold-rolled products

251

293

-14%

Downstream products:

307

277

11%

Tin plate

59

41

44%

Galvanized steel

120

117

2,5%

Galvanized colour-coated steel

38

55

-31%

Band

26

28

-7%

Formed section

49

26

88%

Pipes

14

10

40%

* including thick plate, CRC and downstream products

- Crude steel output in Q1 2010 amounted to 2,732 th. tons, finished products output equaled to 2,453 th. tons.

- Crude steel output in Q1 2010 increased by 7%, while finished products output increased by 5%.

- High value-added products output increased by 5%, while its share in finished products output remained the same - 30%.

- The Company keeps on increasing thick plate output at Plate Mill 5000. Thick plate production in Q1 2010 amounted to 176 th. tons, which is 35% higher q-on-q.

- Downstream products output increased by 11%, mainly due to the output growth of galvanized steel, tin plate and formed section.

 

 

 

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