OREANDA-NEWS. January 14, 2011. Veles Capital released daily market review:

Ashinskiy metallurgy plant plans upping output of steel by 21%, rolled metal – by 5-9% in 2011.

Management of Ashinskiy metallurgy plant upped the forecast of production for 2011. The enterprise plans smelting 850 thousand tons of steel and output 625-650 thousand of rolled metal, unlike the previous forecast of steel output of 702.2 thousand tons and rolled metal – 596.6 thousand tons. So, enterprise might up steel smelting in the current year versus the previous one by 21%, rolled metal – by 4.9-9%.

Raspadskaya upped the coal mining by 15% in 4Q 2010.

Raspadskaya output provisional operating results for 4Q 2010 and the whole 2010. Coal mining in 4Q 2010 upped by 15% to 1,274 thousand tons versus extraction in 3Q 2010. 15% rise of the extraction volume and 33% rise of coal concentrate selling in 4Q 2010 versus 3Q 2010 occurred at the expense of December 16, 2010 launch of the fist lava after the accident 4-9-21 LSI (bed #9) at Raspadskaya mine, upping of the mining volumes from other enterprises of the company, and also the high coefficient of concentrate output in 4Q 2010 – 79.1%.