|
Q1 2019 vs Q4 2018 HIGHLIGHTS
·
In Q1 2019, EVRAZ’ consolidated crude steel output climbed by 12.4% QoQ
to 3.5 million tonnes, primarily as a result of higher pig iron
production following the completion of capital repairs at EVRAZ ZSMK’s
blast furnace no. 3 at the end of Q4 2018.
·
Total steel product sales rose by 8.4% QoQ, driven by higher crude steel
production. Sales of semifinished products surged by 29.0%, primarily
due to increased pig iron and crude steel output. This was partly offset
by a 2.7% reduction in sales of finished products, which was mostly
attributable to lower sales of construction products in Russia and
tubular and railway products in North America.
·
Production of raw coking coal remained flat QoQ. In Q1 2019, external
sales volumes of coking coal products declined by 4.1% as coking coal
concentrate sales subsided from the elevated levels during the longwall
repositioning at Yuzhkuzbassugol’s Uskovskaya mine in Q4 2018.
·
Sales of vanadium products fell by 5.3% QoQ, mainly due to a sharp
decline of demand from the automotive industry and high stock levels at
steel makers, accumulated during a period of sharp FeV price increase.
|
Product, ‘000 tonnes |
Q1 2019 |
Q4 2018 |
Q1 2019 / Q4 2018, change |
Q1 2018 |
Q1 2019 / Q1 2018, change |
|
Total crude steel production |
3,488 |
3,102 |
12.40% |
3,351 |
4.10% |
|
Russia |
2,986 |
2,599 |
14.90% |
2,730 |
9.40% |
|
Ukraine |
0 |
0 |
n/a |
154 |
n/a |
|
North America* |
502 |
503 |
-0.20% |
467 |
7.50% |
|
Total raw coking coal mined |
6,844 |
6,853 |
-0.10% |
5,969 |
14.70% |
|
Total coking coal concentrate production |
3,684 |
4,221 |
-12.70% |
4,154 |
-11.30% |
|
Iron ore products production |
3,636 |
3,367 |
8.00% |
3,431 |
6.00% |
|
Total sales of steel products** |
3,187 |
2,939 |
8.40% |
3,068 |
3.90% |
|
Semi-finished products** |
1,335 |
1,035 |
29.00% |
1,303 |
2.50% |
|
Finished products |
1,852 |
1,904 |
-2.70% |
1,765 |
4.90% |
|
Total sales of third-party steel products |
180 |
228 |
-21.00% |
170 |
5.90% |
|
Sales of coking coal products** |
2,656 |
2,770 |
-4.10% |
2,713 |
-2.10% |
|
Sales of iron ore products |
464 |
460 |
0.90% |
585 |
-20.70% |
|
Sales of vanadium final products*** |
2,518 |
2,659 |
-5.30% |
3,108 |
-19.00% |
STEEL SEGMENT
Total production volumes (RUSSIA, UKRAINE, KAZAKHSTAN and EUROPE)
|
Product, ‘000 tonnes |
Q1 2019 |
Q4 2018 |
Q1 2019 / Q4 2018, change |
Q1 2018 |
Q1 2019 / Q1 2018, change |
|
Pig iron production |
2,712 |
2,348 |
15.50% |
2,571 |
5.50% |
|
EVRAZ ZSMK |
1,471 |
1,090 |
35.00% |
1,397 |
5.30% |
|
EVRAZ NTMK |
1,241 |
1,258 |
-1.40% |
1,020 |
21.70% |
|
EVRAZ DMZ |
0 |
0 |
n/a |
153 |
n/a |
|
Crude steel production |
2,986 |
2,599 |
14.90% |
2,884 |
3.50% |
|
EVRAZ ZSMK |
1,895 |
1,494 |
26.80% |
1,790 |
5.90% |
|
EVRAZ NTMK |
1,091 |
1,105 |
-1.30% |
940 |
16.10% |
|
EVRAZ DMZ |
0 |
0 |
n/a |
154 |
n/a |
|
Total steel products production, net of re-rolled
volume |
2,622 |
2,354 |
11.40% |
2,549 |
2.90% |
|
EVRAZ ZSMK |
1,686 |
1,376 |
22.50% |
1,608 |
4.90% |
|
EVRAZ NTMK |
794 |
845 |
-6.00% |
679 |
16.90% |
|
EVRAZ DMZ |
0 |
0 |
n/a |
132 |
-100% |
|
EVRAZ Palini e Bertoli |
97 |
82 |
18.30% |
91 |
6.60% |
|
EVRAZ Caspian Steel |
45 |
51 |
-11.80% |
39 |
15.40% |
|
Iron ore products production |
3,636 |
3,367 |
8.00% |
3,431 |
6.00% |
|
Pellets (EVRAZ KGOK) |
1,643 |
1,571 |
4.60% |
1,651 |
-0.50% |
|
Sinter (EVRAZ KGOK) |
898 |
908 |
-1.10% |
831 |
8.10% |
|
Concentrate saleable (Evrazruda, EVRAZ KGOK) |
1,095 |
888 |
23.30% |
949 |
15.40% |
|
Coking coal concentrate production |
454 |
519 |
-12.50% |
522 |
-13.00% |
|
From own raw coal* |
256 |
294 |
-12.90% |
282 |
-9.20% |
|
From third-party raw coal |
198 |
225 |
-12.00% |
240 |
-17.50% |
|
Gross vanadium slag production** |
4,446 |
4,377 |
1.60% |
4,020 |
10.60% |
In Q1 2019, pig iron output at EVRAZ’ Russian mills grew by 15.5% QoQ to
2.7 million tonnes following the completion of capital repairs at EVRAZ
ZSMK’s blast furnace no. 3. Crude steel output climbed by 14.9% QoQ to
3.0 million tonnes following an increase in pig iron output.
Iron ore products’ output rose by 8% QoQ to 3.6 million tonnes mainly
due to improved performance of Evrazruda and increased demand for
own-produced iron ore at EVRAZ ZSMK after the completion of capital
repairs at blast furnace no. 3
Source from
Evraz |
|
