OREANDA-NEWS. MMK Group Trading Update for Q1-2014

Operational highlights

Output, thousand tonnes

Q1 2014

Q4 2013

%

Q1 2014

Q1 2013

%

MMK Group crude steel

3,188

2,913

9%

3,188

3,075

4%

MMK crude steel

3,188

2,913

9%

3,188

3,075

4%

MMK Metalurji crude steel

0

0

-

0

0

-

MMK Group steel products

2,919

2,723

7%

2,919

2,844

3%

MMK steel products

2,822

2,599

9%

2,822

2,744

3%

MMK-Metiz steel products

119

116

3%

119

134

-11%

MMK Metalurji steel products

149

175

-15%

149

178

-16%

MMK Group HVA products

1,281

1,318

-3%

1,281

1,355

-5%

MMK Group HVA products share

44%

48%

44%

48%

Belon coal concentrate

712

677

5%

712

669

6%

Iron ore

805

966

-17%

805

871

-8%

MMK Group crude steel output in Q1 2014 totalled 3,188 thousand tonnes (+9.4% q-o-q).

MMK Group finished steel products shipments in Q1 2014 (excluding intra-group sales) totalled 2,919 thousand tonnes (+7.2% q-o-q or +2.6% y-o-y).

MMK Group High-Value-Added (HVA) steel products output in Q1 2014 decreased by 2.8% q-o-q to 1,281 thousand tonnes. The share of HVA products in total output volume was 44%.

Production of Belon coal concentrate in Q1 2014 grew by 5.2 q-o-q to 712 thousand tonnes.