27 Apr 2012 14:32

Severstal ups steel output 6% to 4 mln tonnes in Q1

MOSCOW. April 27 (Interfax) - Russian steel-maker OJSC Severstal produced 4 million tonnes of crude steel in the first quarter of this year, 6% more than in Q4 of last year and 9% more year-on-year, the company reported.

Operating highlights, '000 tonnes:

Production, tonnes Q1 2012 Q4 2011 Change, % Q1 2012 Q1 2011 Change, %
Crude steel (total output): 3 989 725 3 761 692 6% 3 989 725 3 652 001 9%
Russian Steel 2 714 900 2 788 605 -3% 2 714 900 2 737 182 -1%
Severstal North America (SNA) 1 274 825 973 087 31% 1 274 825 914 819 39%
Hot metal (total output): 2 716 289 2 618 165 4% 2 716 289 2 635 046 3%
Russian Steel 2 226 800 2 213 400 1% 2 226 800 2 204 316 1%
North America 489 489 404 765 21% 489 489 430 730 14%
Sales volume, tonnes Q1 2012 Q4 2011 Change, % Q1 2012 Q1 2011 Change, %
Coking coal concentrate 1 795 760 1 876 736 -4% 1 795 760 2 002 154 -10%
Iron ore pellets 2 549 152 2 617 272 -3% 2 549 152 2 142 605 19%
Iron ore concentrate 1 101 071 1 216 039 -9% 1 101 071 982 351 12%
Total steel products* 3 763 245 3 593 332 5% 3 763 245 3 477 496 8%
Total steel products (Russian Steel) 2 625 513 2 580 816 2% 2 625 513 2 601 676 1%
Total steel products (SNA) 1 220 549 1 022 938 19% 1 220 549 883 023 38%
Average price, $/tonne Q1 2012 Q4 2011 Change, % Q1 2012 Q1 2011 Change, %
Coking coal concentrate 161 166 -3% 161 170 -5%
Iron ore pellets 118 139 -15 % 118 119 -1%
Hot-rolled strip and plate (Russian Steel) 652 719 -9% 652 674 -3%
Rolled products (SNA) 869 822 6% 869 852 2%

*- Consolidated sales, semi-finished products included