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EVRAZ Q2 2013 production report
EVRAZ Q2 2013 production report.
About this update from Evraz Plc
[{"type":"text","content":"\n \nRNS Number : 3976J Evraz Plc 16 July 2013 \n \n\nEVRAZ Q2 2013 PRODUCTION REPORT \n16 July 2013 - EVRAZ plc (LSE: EVR) today releases its operational results for the second quarter of 2013.\n \nQ2 2013 OPERATIONAL HIGHLIGHTS:\n\n· Consolidated crude steel production was flat in Q2 2013 vs. Q1 2013 and the Company's key steelmaking facilities in Russia and North America continued operating at high utilisation rates\n· Output of steel products increased by 3% mostly driven by strong demand for construction products in Russia and growth of output of rails in Russia at the modernised EVRAZ ZSMK rail mill. Share of finished steel products improved to 77% in Q2 2013 vs. 74% in Q1 2013\n· The PCI project at EVRAZ NTMK became fully operational early in Q2 2013\n· Output of iron ore products was largely flat in Q2 2013 with the main focus on cost-cutting and implementation of operational efficiency initiatives\n· Yuzhkuzbassugol's raw coking coal output grew by 6% as Yerunakovskaya-VIII and other mines achieved robust performance, while Raspadskaya decreased output by 25% vs. Q1 2013 due to suspension of mining at the Raspadskaya mine and repositioning of longwall at the MUK-96 mine\n· Average selling prices for most key steel product groups softened in line with the global steel market\n \nSTEEL\n \n\n\n\n\nProduct, '000 tonnes \n\n\nQ2 2013\n\n\nQ1 2013\n\n\nQ2 2013/ Q1 2013, change\n\n\nQ2 2012\n\n\nQ2 2013/ Q2 2012, change \n\n\n\n\n\n\n\n\nCoke (saleable)\n\n\n398\n\n\n356\n\n\n11.9%\n\n\n411\n\n\n-2.9%\n\n\n\n\n\nPig iron\n\n\n3,106\n\n\n3,153\n\n\n-1.5%\n\n\n2,889\n\n\n7.5%\n\n\n\n\n\nPig iron (saleable)\n\n\n45\n\n\n46\n\n\n-2.8%\n\n\n27\n\n\n65.3%\n\n\n\n\n\nCrude steel\n\n\n4,079\n\n\n4,069\n\n\n0.2%\n\n\n4,035\n\n\n1.1%\n\n\n\n\n\nSteel products, gross *\n\n\n4,092\n\n\n4,022\n\n\n1.7%\n\n\n3,965\n\n\n3.2%\n\n\n\n\n\nSteel products, net of re-rolled volumes\n\n\n3,690\n\n\n3,601\n\n\n2.5%\n\n\n3,584\n\n\n3.0%\n\n\n\n\n\nSemi-finished products **\n\n\n838\n\n\n928\n\n\n-9.7%\n\n\n803\n\n\n4.3%\n\n\n\n\n\nFinished products\n\n\n2,852\n\n\n2,673\n\n\n6.7%\n\n\n2,780\n\n\n2.6%\n\n\n\n\n\nConstruction produ...