MMK Group Trading Update for 9M 2015
OREANDA-NEWS. MMK Group's overall crude steel output in 9M 2015 totalled 9,338 thousand tonnes (-6.2% y-o-y). Overall steelmaking capacity utilisation at the main Magnitogorsk site in 9M 2015 was around 86%.
MMK Group's overall finished steel product shipments in 9M 2015 (excluding intra-group sales) amounted to 8,519 thousand tonnes (-8.2% y-o-y).
MMK Group's HVA steel product output in 9M 2015 totalled 4,010 thousand tonnes (-3.0% y-o-y). HVA products' share in the total output volume increased by 2.5 p.p. versus 9M 2014 to 47.1%.
Production of Belon coal concentrate in 9M 2015 amounted to 2,025 thousand tonnes (-1.5% y-o-y).