|
Q2 2019 vs Q1 2019 HIGHLIGHTS
·
In Q2 2019, EVRAZ’ consolidated crude steel output remained flat QoQ.
·
Total steel product sales rose by 7.7% QoQ, driven by higher demand.
Sales of finished products climbed by 10.1% due to higher sales of
construction products in Russia and railway products in North America.
·
Raw coking coal production grew by 2.2% QoQ. Raw coking coal concentrate
output climbed by 21% QoQ to 4.5mt, mainly due to greater processing
volumes and lower ash content.
·
External sales volumes of coking coal products surged by 10.3% QoQ due
to increased coking coal concentrate sales after the longwall
repositioning at Yuzhkuzbassugol’s Alardinskaya mine in Q1 2019 and
greater shipments to Russia’s Far East. This was partly offset by lower
raw coking coal sales amid lower demand at the markets in Eastern
Europe.
·
External sales of iron ore products dropped by 49.4% QoQ as volumes were
redistributed towards exports amid reduced demand on the domestic
market.
·
Sales of final vanadium products rose by 29.7% QoQ, as lower prices and
FeV stocks at end users have stimulated spot demand, particularly in the
EU, Asia and North America.
|
Product, ‘ kt |
Q2 2019 |
Q1 2019 |
Q2 2019 / Q1 2019, change |
H1 2019 |
H1 2018 |
H1 2019 / H1 2018, change |
|
Total crude steel production |
3,507 |
3,488 |
0.50% |
6,995 |
6,814 |
2.70% |
|
Russia |
3,006 |
2,986 |
0.70% |
5,992 |
5,726 |
4.60% |
|
Ukraine |
0 |
0 |
n/a |
0 |
154 |
-100% |
|
North America |
501 |
502 |
-0.20% |
1,003 |
934 |
7.40% |
|
Total raw coking coal mined |
6,996 |
6,844 |
2.20% |
13,840 |
11,391 |
21.50% |
|
Total coking coal concentrate production |
4,458 |
3,684 |
21.00% |
8,142 |
8,061 |
1.00% |
|
Iron ore products production |
3,533 |
3,636 |
-2.80% |
7,169 |
6,855 |
4.60% |
|
Total sales of steel products1 |
3,377 |
3,135 |
7.70% |
6,512 |
6,220 |
4.70% |
|
Semi-finished products |
1,395 |
1,335 |
4.50% |
2,730 |
2,516 |
8.50% |
|
Finished products2 |
1,982 |
1,800 |
10.10% |
3,782 |
3,704 |
2.10% |
|
Total sales of third-party steel products |
221 |
180 |
22.80% |
401 |
417 |
-3.80% |
|
Sales of coking coal products |
2,929 |
2,656 |
10.30% |
5,585 |
5,599 |
-0.30% |
|
Sales of iron ore products3 |
235 |
464 |
-49.40% |
699 |
1,089 |
-35.80% |
|
Sales of Vanadium in slag3 |
1,660 |
1,176 |
41.20% |
2,836 |
2,814 |
0.80% |
|
Sales of vanadium final products4 |
3,266 |
2,518 |
29.70% |
5,784 |
6,456 |
-10.40% |
STEEL SEGMENT
Total production volumes
|
Product, ‘ kt |
Q2 2019 |
Q1 2019 |
Q2 2019 / Q1 2019, change |
H1 2019 |
H1 2018 |
H1 2019 / H1 2018, change |
|
Pig iron production |
2,745 |
2,712 |
1.20% |
5,457 |
5,252 |
3.90% |
|
EVRAZ ZSMK |
1,530 |
1,471 |
4.00% |
3,001 |
2,912 |
3.10% |
|
EVRAZ NTMK |
1,215 |
1,241 |
-2.10% |
2,456 |
2,186 |
12.40% |
|
EVRAZ DMZ |
0 |
0 |
n/a |
0 |
153 |
-100% |
|
Crude steel production |
3,006 |
2,986 |
0.70% |
5,992 |
5,880 |
1.90% |
|
EVRAZ ZSMK |
1,942 |
1,895 |
2.50% |
3,837 |
3,752 |
2.30% |
|
EVRAZ NTMK |
1,064 |
1,091 |
-2.50% |
2,155 |
1,974 |
9.20% |
|
EVRAZ DMZ |
0 |
0 |
n/a |
0 |
154 |
-100% |
|
Total steel products production, net of re-rolled volume |
2,759 |
2,622 |
5.20% |
5,381 |
5,225 |
3.00% |
|
EVRAZ ZSMK |
1,737 |
1,686 |
3.00% |
3,423 |
3,388 |
1.00% |
|
EVRAZ NTMK |
844 |
794 |
6.30% |
1,638 |
1,430 |
14.50% |
|
EVRAZ DMZ |
0 |
0 |
n/a |
0 |
132 |
-100% |
|
EVRAZ Palini e Bertoli |
101 |
97 |
4.10% |
198 |
186 |
6.50% |
|
EVRAZ Caspian Steel |
77 |
45 |
71.10% |
122 |
89 |
36.00% |
|
Iron ore products production |
3,533 |
3,636 |
-2.80% |
7,169 |
6,855 |
4.60% |
|
Pellets (EVRAZ KGOK) |
1,573 |
1,643 |
-4.30% |
3,216 |
3,277 |
-1.90% |
|
Sinter (EVRAZ KGOK) |
928 |
898 |
3.30% |
1,826 |
1,735 |
5.20% |
|
Concentrate saleable (Evrazruda, EVRAZ KGOK) |
1,032 |
1,095 |
-5.80% |
2,127 |
1,843 |
15.40% |
|
Coking coal concentrate production |
489 |
454 |
7.70% |
943 |
1,041 |
-9.30% |
|
From own raw coal* |
341 |
256 |
33.20% |
597 |
601 |
-0.70% |
|
From third-party raw coal |
148 |
198 |
-25.30% |
346 |
440 |
-21.20% |
|
Gross vanadium slag production** |
4,533 |
4,446 |
2.00% |
8,979 |
8,414 |
6.70% |
Total sales volumes
|
Product, ‘ kt |
Q2 2019 |
Q1 2019 |
Q2 2019 / Q1 2019, change |
H1 2019 |
H1 2018 |
H1 2019 / H1 2018, change |
|
Coke |
113 |
65 |
73.80% |
178 |
184 |
-3.30% |
|
Steel products, external sales |
2,746 |
2,583 |
6.30% |
5,329 |
5,185 |
2.80% |
|
Semi-finished products |
1,293 |
1,279 |
1.10% |
2,572 |
2,505 |
2.70% |
|
Slabs |
572 |
482 |
18.70% |
1,054 |
962 |
9.60% |
|
Billets |
545 |
646 |
-15.60% |
1,191 |
1,301 |
-8.50% |
|
Other steel products |
176 |
151 |
16.60% |
327 |
242 |
35.10% |
|
Finished products |
1,453 |
1,304 |
11.40% |
2,757 |
2,680 |
2.90% |
|
Construction products |
808 |
729 |
10.80% |
1,537 |
1,541 |
-0.30% |
|
Railway products |
367 |
343 |
7.00% |
710 |
669 |
6.10% |
|
Flat products |
98 |
91 |
7.70% |
189 |
188 |
0.50% |
|
Other steel products |
180 |
141 |
28.60% |
320 |
282 |
13.50% |
|
Steel products, inter-segment sales |
115 |
186 |
-38.20% |
301 |
303 |
-0.70% |
|
Third-party steel products, external sales |
221 |
180 |
22.80% |
401 |
417 |
-3.80% |
|
Iron ore products, external sales |
235 |
464 |
-49.40% |
699 |
1,089 |
-35.80% |
|
Pellets |
235 |
464 |
-49.40% |
699 |
1,089 |
-35.80% |
|
Sales of vanadium in slag |
1,660 |
1,176 |
41.20% |
2,836 |
2,814 |
0.80% |
|
Sales of vanadium final products |
3,266 |
2,518 |
29.70% |
5,784 |
6,456 |
-10.40% |
Source from
Evraz |
(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932) |
