MMK Group increased steel production in Q1 2014 by 9.4%
Edited by vadim / 2014-04-29 08:24:49
Metals and mining Russia Magnitogorsk metallurgic plant MMK Russia Metals and Mining Russia Oil and Gas Steel
The total steel production in the MMK Group was 3.188 million tons, by 9.4% more than in Q4 2014, and by 4% more than in Q1 2013. Trade products dispatch increased by 7.2% to 2.919 million tons (+2.6% to Q1 2013). HVA products yield reduced by 2.8% to 1.281 million tons. HVA products shared 44% in total yield. Products dispatch to the consumers increased by 8.6% versus Q4 2013 and by 2.8% versus Q1 2013 to 2.822 million tons. Growth in sales is presupposed by growth in export dispatch by 29.2% and growth in supplies to the Russian and the CIS market by 4.1%.
