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) |