Magnitogorsk Iron & Steel Works announced its production results for the 6 months of 2007
- Production
|
|
H1 2006
|
H1 2007
|
change
|
|
|
thou tons
|
thou tons
|
thou tons
|
|
Pig Iron
|
4920,2
|
4651,8
|
-268,4
|
|
Crude steel
|
5921,8
|
6475,8
|
553,8
|
|
Finished products output, including:
|
5379,2
|
5950,7
|
572
|
|
Billet
|
2,4
|
266,3
|
264
|
|
Long products
|
771,3
|
934,8
|
164
|
|
Flat hot-rolled products
|
2958,9
|
3259,1
|
300
|
|
Flat cold-rolled products
|
854,9
|
757,9
|
-97
|
|
Downstream products
|
|
|
|
|
Tin plate
|
155,0
|
125,2
|
-30
|
|
Galvanized steel
|
223,6
|
207,9
|
-16
|
|
Galvanizedcolour-coatedsteel
|
75,3
|
90,8
|
16
|
|
Band
|
173,5
|
167,8
|
-6
|
|
Formed section
|
92,9
|
102,2
|
9
|
|
Pipes
|
39,8
|
38,2
|
-2
|
|
MKZ band
|
31,7
|
0,5
|
-31
|
Increase of electric steel output lead to increase of commercial billet production in the H1 2007 by 264 thousand tons. At present MMK realizes several projects, including construction of Plate Mill 5000 with production capacity of 1.5 mln tons p.a., revamping of hot-rolling Mill 2000 (which will improve the quality of products, expand products range and increase capacity). Commissioning of these facilities will enable MMK to process the whole production volume of billets.
Besides, due to all long products mills reaching their full operation capacity in H1 2007, MMK increased output of long products by 164 thousand tons.
- Average prices
The prices are indicative and do not consider either steel grade and quality characteristics or sales markets, Average prices calculation is based on division of revenue by volume.
|
Products
|
H1 2006
|
H1 2007
|
change
|
|
|
|
|
$ / ton
|
|
Billet
|
334
|
390
|
56
|
|
Long products
|
382
|
563
|
181
|
|
Flat hot-rolled products
|
416
|
535
|
119
|
|
Flat cold-rolled products
|
464
|
590
|
126
|
|
Downstream products
|
|
|
|
|
Tin plate
|
876
|
838
|
-38
|
|
Galvanized steel
|
787
|
935
|
149
|
|
Galvanizedcolour-coatedsteel
|
930
|
1211
|
281
|
|
Band
|
537
|
656
|
119
|
|
Formed section
|
582
|
748
|
166
|
|
Pipes
|
528
|
739
|
211
|
|
Average price
|
456
|
579
|
123
|
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