28.01.2016, 00:28
MMK Group Trading Update for Q4 and FY 2015
OREANDA-NEWS. MMK Group's overall crude steel output in Q4 2015 totalled 2,897 thousand tonnes (-7.8% q-o-q). Overall steelmaking capacity utilisation at the main Magnitogorsk site in Q4 2015 was 80%.
MMK Group's overall finished steel product shipments in Q4 2015 (excluding intra-group sales) totalled 2,668 thousand tonnes (-7.7% q-o-q).
MMK Group's HVA steel product output in Q4 2015 totalled 1,214 thousand tonnes. The share of HVA products in total output volume decreased by 1.2 p.p. q-o-q to 45.5%.
Production of Belon coal concentrate in Q4 2015 stood at 790 thousand tonnes (+8.2% q-o-q). FY 2015 highlights as compared to FY 2014
MMK Group's overall crude steel output in FY 2015 totalled 12,236 thousand tonnes (-6.1% y-o-y). Overall steelmaking capacity utilisation at the main Magnitogorsk site in FY 2015 was around 84%.
MMK Group's overall finished steel product shipments in FY 2015 (excluding intra-group sales) totalled 11,188 thousand tonnes (-8.0% y-o-y).
MMK Group's HVA steel product output in FY 2015 totalled 5,224 thousand tonnes (-4.7% y-o-y). The share of HVA products in total output volume increased by 1.6 p.p. versus FY 2014 to 46.7%. ? Production of Belon coal concentrate in FY 2015 totalled 2,822 thousand tonnes (-4.1% y-o-y)
MMK Group's overall finished steel product shipments in Q4 2015 (excluding intra-group sales) totalled 2,668 thousand tonnes (-7.7% q-o-q).
MMK Group's HVA steel product output in Q4 2015 totalled 1,214 thousand tonnes. The share of HVA products in total output volume decreased by 1.2 p.p. q-o-q to 45.5%.
Production of Belon coal concentrate in Q4 2015 stood at 790 thousand tonnes (+8.2% q-o-q). FY 2015 highlights as compared to FY 2014
MMK Group's overall crude steel output in FY 2015 totalled 12,236 thousand tonnes (-6.1% y-o-y). Overall steelmaking capacity utilisation at the main Magnitogorsk site in FY 2015 was around 84%.
MMK Group's overall finished steel product shipments in FY 2015 (excluding intra-group sales) totalled 11,188 thousand tonnes (-8.0% y-o-y).
MMK Group's HVA steel product output in FY 2015 totalled 5,224 thousand tonnes (-4.7% y-o-y). The share of HVA products in total output volume increased by 1.6 p.p. versus FY 2014 to 46.7%. ? Production of Belon coal concentrate in FY 2015 totalled 2,822 thousand tonnes (-4.1% y-o-y)
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