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Press Releases > MMK  all about the company

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MMK

July 27, 2009

MMK announces operational trading update for Q2 2009

Production

Q2 2009

Q1 2009

 

000 tons

000 tons

%

Cast iron

2 006

1 592

26%

Crude steel

2 159

2 070

4%

Finished products output

1 919

1 917

0%

Production

Q2 2009

Q1 2009

 

000 tons

000 tons

%

Finished products output:

1 919

1 917

0%

Slabs and billets

0

0

0%

Long products

261

256

2%

Flat hot-rolled products

1 090

1 260

-13%

Flat cold-rolled products

278

188

47%

Downstream products:

290

213

36%

Tin plate

73

39

87%

Galvanized steel

118

79

51%

Galvanized colour-coated steel

46

38

20%

Band

25

30

-15%

Formed section

14

14

0%

Pipes

13

14

-2%

Crude steel and finished steel products output in Q2 2009 amounted to 2.159 mln tons and 1.919 mln tons accordingly.

Finished steel products output in Q2 2009 grew insignificantly compared to Q1 2009 (by 2 thousand tons).

As the result of continuing product mix optimization, cold-rolled steel products output in 2Q 2009 went up by 47% (q-on-q), downstream products output up by 36%, while commercial hot-rolled steel products went down by 13%.

Neither commercial slabs nor billets are produced.

The share of downstream products amounted to 15% in Q2 2009 (up 4% q-on-q).

 

 

 

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