Russian Steelmakers Reach the Target of 50 mln Tons of Rolled Stock
OREANDA-NEWS. October 30, 2007. According to the railway statistics, deliveries of finished rolled stock (pipes and semi-products included) to local and international markets have reached 50.9 mln tons over the three quarters of 2007, a 5.1% increase against last year. Meanwhile, growth of home supplies has reached 14.8%. Export of products declined 6.6% in the same period. The strongest contributions to the growth of finished iron rolled stock shipments among Russia's leading steel makers primarily came from NizhneSerginsky Steel and Metalware Plant (46.9%) part of Maxi-Group, which boosted supply volumes by more than 1.22 mln tons, Cherepovetsky Metallurgical Plant (Severstal OJSC, which added 11.8 % to reach 0.83 mln tons) and Magnitogorsk Metallurgical Plant (growing 7.0% up to 0.60 mln tons).
Shipments by Novolipetsk Steel Works stood at the last year's level. Mechel (6.4%) and Estar (6.5%) have preserved their positive dynamics. Metalloinvest Holding boasts a little higher shipment volumes (up 1.5% above the last year's indicator).
Starting from June this year, the performance indicators of steel works owned by Evraz Group lag behind the 2006 figures. In September 2007, with 9.1 mln tons of total shipments, these companies failed to reach the last year level (-7.2%).
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