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Mar.29.2024 1USD=7.0948RMB
  SteelHome >>Steel>>Market Info>>International Dynamics
 
MMK Group Announces Q2 2019 Operational Report

https://en.steelhome.com [SteelHome] 2019-07-31 14:21:35

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ММК Group: Consolidated results

(thousand tonnes)

Q2 2019

Q1 2019

%

H1 2019

H1 2018

%

Finished products sales, of which: 

2,856

2,782

2.7%

5,638

5,675

-0.7%

Long products

366

333

9.9%

700

648

8.0%

Flat hot-rolled products

1,064

1,111

-4.2%

2,175

2,302

-5.5%

Thick plate (mill 5000)

281

293

-4.1%

574

387

48.3%

Flat cold-rolled products

241

257

-6.2%

498

615

-19.0%

Downstream products, of which:

904

788

14.7%

1,692

1,723

-1.8%

Tin plate

43

32

34.4%

75

73

2.7%

Galvanised steel

484

414

16.9%

898

880

2.0%

Polymer-coated steel 

176

156

12.8%

332

355

-6.5%

Band

29

30

-3.3%

59

73

-19.2%

Formed section

38

41

-7.3%

79

75

5.3%

Pipes

11

11

-

22

30

-26.6%

Metalware

106

93

14.0%

199

203

-2.0%

Other metal products

16

11

45.4%

27

34

-20.6%

HVA products

1,426

1,338

6.6%

2,764

2,726

1.4%

Share of HVA products

49.9%

48.1%

 

49.0%

48.0%

 

Coal concentrate production 

487

777

-37.3%

1,263

1,412

-10.5%

Iron ore production

729

716

1.8%

1,202

1,320

-8.9%

Q2 2019 highlights vs. Q1 2019

MMK Group’s total sales of finished products in Q2 2019 totalled 2,856 thousand tonnes, up 2.7% quarter-on-quarter (q-o-q).

MMK Group’s sales of HVA products in Q2 2019 totalled 1,426 thousand tonnes, up 6.6% q-o-q. The share of HVA products in total sales increased to 49.9%.

MMK Coal’s coal concentrate production in Q2 2019 totalled 487 thousand tonnes, down 37.3% q-o-q.

H1 2019 highlights vs. H1 2018

MMK Group’s total sales of finished products in H1 2019 totalled 5,638 thousand tonnes, down 0.7% year-on-year (y-o-y).

MMK Group’s sales of HVA products in H1 2019 totalled 2,764 thousand tonnes, up 1.4% y-o-y. The share of HVA products in total sales increased to 49.0%.

MMK Coal’s coal concentrate production in H1 2019 totalled 1,263 thousand tonnes, down 10.5% yo-y.

MMK Group highlights by key segments PSJC MMK

(thousand tonnes)

Q2 2019

Q1 2019

%

H1 2019

H1 2018

%

Pig Iron

2,452

2,396

2.3%

4,849

4,680

3.6%

Crude Steel

3,091

3,107

-0.5%

6,198

6,176

0.4%

Finished products, of which: 

2,730

2,731

-0.1%

5,461

5,592

-2.3%

Long products

452

457

-1.1%

908

892

1.9%

Flat hot-rolled products

1,166

1,180

-1.1%

2,346

2,498

-6.1%

HVA products, of which:

1,112

1,095

1.5%

2,207

2,203

0.2%

Thick plate (mill 5000)

287

267

7.5%

554

401

38.3%

Flat cold-rolled products

294

319

-7.9%

614

724

-15.3%

Downstream products, of which:

530

508

4.3%

1,039

1,078

-3.6%

Tin plate

42

34

23.4%

76

73

4.4%

Galvanised steel

338

311

8.7%

649

642

1.1%

Polymer-coated steel 

70

81

-13.6%

151

178

-15.5%

Band

28

28

0.5%

56

73

-23.7%

Formed section

42

40

5.0%

82

79

3.4%

Pipes

11

14

-21.4%

25

32

-21.7%

Shipments by market:

 

 

 

 

 

 

Russia + CIS

2,444

2,442

0.1%

4,886

4,503

8.5%

Export

286

290

-1.5%

575

1,089

-47.2%

 

(USD / tonne)

Q2 2019

Q1 2019

%

H1 2019

H1 2018

%

Average price per tonne:

625

578

8.1%

602

651

-7.6%

Long products

510

480

6.3%

494

567

-12.8%

Flat hot-rolled products

551

506

8.8%

528

584

-9.6%

HVA products, of which:

750

698

7.5%

724

760

-4.8%

Thick plate (mill 5000)

747

712

5.0%

730

830

-12.1%

Flat cold-rolled products

629

579

8.7%

603

634

-4.8%

Downstream products, of which:

818

765

7.1%

792

819

-3.3%

Tin plate

817

777

5.2%

798

829

-3.7%

Galvanised steel

802

742

8.0%

772

792

-2.5%

Polymer-coated steel 

981

916

7.2%

946

986

-4.0%

Band

689

653

5.5%

671

680

-1.3%

Formed section

827

779

6.2%

803

838

-4.2%

Pipes

594

542

9.6%

565

664

-14.9%

Lysvensky Metallurgical Plant

(thousand tonnes)

Q2 2019

Q1 2019

%

H1 2019

H1 2018

%

Finished products, of which:

74

60

22.8%

135

115

17.0%

Electro-galvanised steel (automotive sheet)

2

1

98.6%

3

3

-

Galvanised steel with polymer coating

70

56

24.7%

125

107

17.1%

Galvanised steel with decorative coating (SteelArt)

3

4

-28.4%

6

5

37.7%

Steel segment (Turkey)

(thousand tonnes)

Q2 2019

Q1 2019

%

H1 2019

H1 2018

%

ММК Metalurji finished products, of which:

197

176

11.8%

373

428

-13.0%

Flat hot-rolled products

8

7

6.9%

15

36

-58.2%

HVA products, of which:

189

169

12.1%

358

392

-8.8%

Galvanised stee

160

129

23.9%

289

297

-2.7%

Polymer-coated steel

29

39

-26.6%

68

95

-27.9%

ММК Metalurji finished products from ММК steel

58

136

-63.6%

217

339

-36.2%

Source from MMK


(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932)
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