OREANDA-NEWS. Q2 2015 highlights as compared to Q1 2015 MMK Group's overall crude steel output in Q2 2015 totalled 2,969 thousand tonnes (-8.0% qo-q). Overall steelmaking capacity utilisation at the main Magnitogorsk site in Q2 2015 exceeded 82%. At the same time, converter production was at 100% capacity.

The decline in capacity utilisation q-o-q was due to decreasing capacity utilisation of electric arc furnaces.

MMK Group's overall finished steel product shipments in Q2 2015 (excluding intra-group sales) amounted to 2,683 thousand tonnes (-9.0% q-o-q).

MMK Group's HVA steel product output in Q2 2015 totalled 1,295 thousand tonnes (-5.1% qo-q). The share of HVA products in the total output volume increased versus Q1 2015 to 48.3%. Capacity utilisation in key rolled production facilities (mill 5000 and mill 2000 c/r) stood at 100%.

Production of Belon coal concentrate in Q2 2015 amounted to 701 thousand tonnes (+18.0% q-o-q). H1 2015 highlights as compared to H1 2014

MMK Group's overall crude steel output in H1 2015 totalled 6,197 thousand tonnes (-5.8% yo-y). Overall steelmaking capacity utilisation at the main Magnitogorsk site in H1 2015 exceeded 87%.

MMK Group's overall finished steel product shipments in H1 2015 (excluding intra-group sales) amounted to 5,628 thousand tonnes (-8.4% y-o-y).

MMK Group's HVA steel product output in H1 2015 totalled 2,659 thousand tonnes (-2.1% yo-y). The share of HVA products in the total output volume increased by 3 p.p. versus H1 2014 to 47.2%. ? Production of Belon coal concentrate in H1 2015 amounted to 1,295 thousand tonnes (-6.4% y-o-y).