Operational Highlights
(kt) |
3Q 2018 |
2Q 2018 |
∆ kt |
∆ % |
9M 2018 |
9M 2017 |
∆ kt |
∆ % |
Crude steel |
1,803 |
1,969 |
-166 |
-8% |
5,597 |
5,456 |
141 |
3% |
Iron ore concentrate (total) |
6,554 |
7,062 |
-508 |
-7% |
20,540 |
20,440 |
100 |
0% |
Coal concentrate (total) |
634 |
707 |
-73 |
-10% |
1,974 |
1,895 |
79 |
4% |
METALLURGICAL
SEGMENT
(kt) |
3Q 2018 |
2Q 2018 |
∆ kt |
∆ % |
9M 2018 |
9M 2017 |
∆ kt |
∆ % |
Hot metal |
1,943 |
2,136 |
-193 |
-9% |
6,234 |
5,787 |
447 |
8% |
Azovstal |
924 |
1,013 |
-89 |
-9% |
2,924 |
2,766 |
158 |
6% |
Ilyich Steel |
1,019 |
1,123 |
-104 |
-9% |
3,310 |
3,021 |
289 |
10% |
Hot metal production
(kt) |
3Q 2018 |
2Q 2018 |
∆ kt |
∆ % |
9M 2018 |
9M 2017 |
∆ kt |
∆ % |
Crude steel |
1,803 |
1,969 |
-166 |
-8% |
5,597 |
5,456 |
141 |
3% |
Azovstal |
988 |
1,159 |
-171 |
-15% |
3,169 |
3,165 |
4 |
0% |
Ilyich Steel |
815 |
810 |
5 |
1% |
2,428 |
2,291 |
137 |
6% |
In 3Q 2018, Metinvest’s hot metal output dropped by 9% q-o-q to 1,943 kt
due to planned major overhauls of blast furnaces at the Mariupol
steelmakers. Production at Ilyich Steel fell by 104 kt, as blast furnace
no. 5 was out of commission for 35 days, while that at Azovstal declined
by 89 kt, as work on blast furnaces nos. 5 and 4 kept them offline for
19 and 7 days, respectively.
In 3Q 2018, the Group’s crude steel production decreased by 8% q-o-q to
1,803 kt. The main driver was a production decrease of 171 kt at
Azovstal, whose basic oxygen furnaces nos. 1 and 2 underwent scheduled
major overhauls lasting 7 and 21 days, respectively, during the
reporting quarter.
In 9M 2018, Metinvest’s hot metal production increased by 8% y-o-y to
6,234 kt, as that at Ilyich Steel and Azovstal rose by 289 kt and 158
kt, respectively. This was due to stable raw material supplies, which
had been irregular during the corresponding period of 2017, so
production of crude steel and merchant pig iron increased.
Metal product output
(kt) |
3Q 2018 |
2Q 2018 |
∆ kt |
∆ % |
9M 2018 |
9M 2017 |
∆ kt |
∆ % |
Semi-finished products |
661 |
857 |
-196 |
-23% |
2,305 |
1,949 |
356 |
18% |
Pig iron |
317 |
401 |
-84 |
-21% |
1,192 |
989 |
203 |
21% |
Slabs |
344 |
456 |
-112 |
-25% |
1,113 |
960 |
153 |
16% |
Finished products |
1,453 |
1,473 |
-20 |
-1% |
4,402 |
4,134 |
268 |
6% |
Flat products |
1,172 |
1,232 |
-60 |
-5% |
3,603 |
3,494 |
109 |
3% |
Long products |
202 |
196 |
6 |
3% |
629 |
493 |
13600% |
28% |
Railway products |
34 |
18 |
16 |
89% |
63 |
31 |
3200% |
103% |
Tubular products |
45 |
27 |
18 |
67% |
107 |
116 |
-9 |
-8% |
TOTAL |
2,114 |
2,330 |
-216 |
-9% |
6,707 |
6,083 |
624 |
10% |
Coke production
(kt) |
3Q 2018 |
2Q 2018 |
∆ kt |
∆ % |
9M 2018 |
9M 2017 |
∆ kt |
∆ % |
Coke (total) |
1,247 |
1,317 |
-70 |
-5% |
3,910 |
3,407 |
503 |
15% |
Coke (merchant) |
430 |
437 |
-7 |
-2% |
1,230 |
859 |
371 |
43% |
MINING SEGMENT
Iron ore concentrate and pellet output
(kt) |
3Q 2018 |
2Q 2018 |
∆ kt |
∆ % |
9M 2018 |
9M 2017 |
∆ kt |
∆ % |
Iron ore concentrate (total) |
6,554 |
7,062 |
-508 |
-7% |
20,540 |
20,440 |
100 |
0% |
Iron ore products (merchant) |
3,888 |
3,931 |
-43 |
-1% |
11,425 |
11,303 |
122 |
1% |
Iron ore concentrate |
1,878 |
1,910 |
-32 |
-2% |
5,671 |
6,946 |
-1,275 |
-18% |
Pellets |
2,010 |
2,021 |
-11 |
-1% |
5,754 |
4,357 |
1,397 |
32% |
Coal concentrate production
(kt) |
3Q 2018 |
2Q 2018 |
∆ kt |
∆ % |
9M 2018 |
9M 2017 |
∆ kt |
∆ % |
Coal concentrate (total) |
634 |
707 |
-73 |
-10% |
1,974 |
1,895 |
79 |
4% |
Coal concentrate (merchant) |
14 |
31 |
-17 |
-55% |
61 |
376 |
-315 |
-84% |
Related Link: Official
Announcement |
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