Russia ups steel roll output 11.3% in 10M
MOSCOW. Nov 26 (Interfax) - Russian steel companies raised finished roll output 11.3% year-on-year in January-October, the Russian Economic Development Ministry said.
The domestic market grew an estimated 27.3%, not including inventories, in January-September 2010. Russian ferrous metal exports, not including pig iron, ferroalloys, scrap and waste rose 6.6% year-on-year in the 9M of 2010 to 22.7 million tonnes, including growth of 16.4% to 12.1 million tonnes of semis. Russia shipped most of its semis to countries outside the CIS. Exports of flat products rose 0.7% to 7.6 million tonnes but exports of long products, not including semis, fell 13.9% to 2.8 million tonnes.
Ferrous imports rose 54.7% to 3.76 million tonnes in the nine months. Imports of flat products grew 47.9% to 2.44 million tonnes and long product imports grew 85.2% to 1.18 million tonnes.
The overall roll imports were higher than the 4.3 million tonnes Russia imported in the pre-crisis January-September 2008, when the country shipped 1.7 million tonnes of long products and 2.6 million tonnes of flat products from abroad.
Overall ferrous metals output, mln tonnes:
|Month||Pig iron and blast furnace alloys||Crude steel||Finished roll||Steel pipes|
|10 mths 2010/10 mths 2000||+11,4%||+13,3%||+11,3%||+37,3%|
The ministry said some of the country's biggest steel makers, including Magnitogorsk Iron & Steel Works (MMK) and Severstal , boosted roll output roughly 16%-18% year-on-year in January-October 2010.
Finished roll output by Russian steel majors, mln tonnes:
|Enterprise||10M 2010||10M 2010/10M 2009, %||9M 2010||Oct 2010*||Sept 2010*||Oct/Sept 2010, %|
|Cherepovets Iron & Steel Works (Severstal )||8,368||+16,3||7,55||0,818||0,921||-0,1|
|Novolipetsk Steel (NLMK)||7,275||+12,4||6,503||0,772||0,747||0,0|
|West Siberian Iron & Steel Works (Evraz Group)||4,856||+21||4,227||0,629||0,585||+0,1|
|Nizhny Tagil Iron & Steel Works (Evraz Group)||2,933||-2,5||2,52||0,413||0,237||+0,7|
|Chelyabinsk Metallurgical Plant (Mechel||2,5||-6,2||2,294||0,206||0,264||-0,2|
|Oskol Electrometallurgical Combine (OEMK) (Metalloinvest)||2,318||-5,4||2,073||0,245||0,221||+0,1|
|Urals Steel (Metalloinvest)||1,922||-12,8||1,718||0,204||0,151||+0,4|
|Novokuznetsk Iron & Steel Works (NKMK, Evraz Group)||1,177||-8,2||1,041||0,136||-||-|
*) Estimate based on previous Econ Ministry data