OREANDA-NEWS. February 03, 2010. Veles Capital released daily market review:

MMC lowered the output of commodity metal products by 20% in 2009 to 8.7 mn tons. By the results of operating in 2009 MMC has reduced the output of commodity metal products versus 2008 by 20% and formed 8.764 mn tons. Output reduced by 11% in 4Q versus 3Q and formed 2.327 mn tons. At the end of the previous year MMC forecasted the production being about 8.6-8.7 mn tons of commodity goods in 2009. So, the production level turned out to be a bit higher than forecasted.

In 2009 Severstal lowered steel output by 13% to 16.7 mn tons. In 2009 Severstal reduced steel output by 13% versus 2008 to 16.7 mn tons, imparts the message of the company. In 4Q steel output increased by 2% versus the previous quarter and formed 4.6 mn tons. Rolled metal output reduced by 17% in 2009 and totaled 12.7 mn tons.

CCZ in 2009 reduced Zink output by 20% and formed 119.9 thousand tons. Chelyabinsk Zink Plant (CCZ) output 119.9 thousand tons of Zink in 2009, which is 20% lower than in 2008, imparts the message of the company. However, in 4Q 2009 the company output 36.7 thousand tons of Zink and Zink compositions, which is 14.1% more than within the similar period of 2008. CCZ announces that 64% of output products has been supplied to the Russian consumers.