OREANDA-NEWS. October 18, 2010. Veles Capital released daily market review:
Evraz Group outputs production results of 3Q 2010. In 3Q 2010 Evraz lowered steel output by 8.7% year-to-year from 4.2 mn tons in 3Q 2009 to 3.868 mn tons in 3Q 2010, versus 2Q 2010 steel output reduced by 9.7%. Cast iron output formed 2.944 mn tons in 3Q 2010, which is 2.7% lower than the result of 3Q 2010 and 4.8% lower than the metal output volume in 2Q 2010. Coke output dropped 26.9% and formed 363 thousand tons.
Mildly positive estimates of Sberbank. Sberbank reported for 3Q 2010 by Russian accounting Standards (RAS).
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