OREANDA-NEWS.   Consolidated production of steel products, net of re-rolled volumes increased by 6% as a result of growth both in production of construction products and rails in Russia on the back of strong domestic demand.
Share of finished steel products within the consolidated volumes decreased to 70% in Q2 2014 vs. 74% in Q1 2014, whilst the share of semi-finished goods increased to 30% from 26%, due to lower intercompany supplies of slabs for re-rolling into finished goods at EVRAZ non-Russian assets
Output of iron ore products in Russia increased by 3% vs. Q1 2014
 Consolidated raw coking coal output and production of coking coal concentrate increased by 7% and 3% respectively due to strong Raspadskaya’s production
Average prices for most of EVRAZ’s steel products in Russia recovered on the back of improved demand in the domestic market
Average prices for flat-rolled and tubular products in North America improved supported by growing demand from the oil and gas sector
Average prices for Russian-produced iron ore products and coking coal concentrate softened in line with global benchmark prices.