OREANDA-NEWS. April 27, 2010. MMK announced operational trading update for 1Q 2010:

Production

Q1 2010

Q4 2009

 

`000 tons

`000 tons

%

Cast iron

2 235

2 239

0%

Crude steel

2 732

2 558

7%

Finished products output

2 453

2 327

5%

 

 

 

 

 

 

Production

Q1 2010

Q4 2009

 

`000 tons

`000 tons

%

Finished products output:

2 453

2 327

5%

Slabs and billets

0

1

-100%

Long products

210

175

20%

Flat hot-rolled products

1 509

1 452

4%

High value-added (HVA) products*:

734

699

5%

Thick plate

176

130

35%

Flat cold-rolled products

251

293

-14%

Downstream products:

307

277

11%

Tin plate

59

41

44%

Galvanized steel

120

117

2,5%

Galvanized colour-coated steel

38

55

-31%

Band

26

28

-7%

Formed section

49

26

88%

Pipes

14

10

40%

* including thick plate, CRC and downstream products

Crude steel output in Q1 2010 amounted to 2,732 th. tons, finished products output equaled to 2,453 th. tons.

Crude steel output in Q1 2010 increased by 7%, while finished products output increased by 5%.

High value-added products output increased by 5%, while its share in finished products output remained the same - 30%.

The Company keeps on increasing thick plate output at Plate Mill 5000. Thick plate production in Q1 2010 amounted to 176 th. tons, which is 35% higher q-on-q.

Downstream products output increased by 11%, mainly due to the output growth of galvanized steel, tin plate and formed section.