|
OPERATIONAL HIGHLIGHTS
|
(kt) |
2Q 2019 |
1Q 2019 |
∆ kt |
∆ % |
1H 2019 |
1H 2018 |
∆ kt |
∆ % |
|
Crude steel |
1,982 |
1,941 |
41 |
2% |
3,923 |
3,794 |
129 |
3% |
|
Iron ore concentrate (total) |
7,250 |
7,204 |
46 |
1% |
14,454 |
13,987 |
467 |
3% |
|
Coal concentrate (total) |
731 |
674 |
57 |
8% |
1,404 |
1,340 |
64 |
5% |
METALLURGICAL SEGMENT
Hot metal production
|
(kt) |
2Q 2019 |
1Q 2019 |
∆ kt |
∆ % |
1H 2019 |
1H 2018 |
∆ kt |
∆ % |
|
Hot metal |
2,051 |
1,957 |
94 |
5% |
4,008 |
4,292 |
-284 |
-7% |
|
Azovstal |
902 |
831 |
71 |
9% |
1,733 |
2,000 |
-267 |
-13% |
|
Ilyich Steel |
1,149 |
1,126 |
23 |
2% |
2,275 |
2,292 |
-17 |
-1% |
Crude steel production
|
(kt) |
2Q 2019 |
1Q 2019 |
∆ kt |
∆ % |
1H 2019 |
1H 2018 |
∆ kt |
∆ % |
|
Crude steel |
1,982 |
1,941 |
41 |
2% |
3,923 |
3,794 |
129 |
3% |
|
Azovstal |
1,079 |
974 |
105 |
11% |
2,053 |
2,181 |
-128 |
-6% |
|
Ilyich Steel |
903 |
967 |
-64 |
-7% |
1,870 |
1,613 |
257 |
16% |
In 2Q 2019, Metinvest’s hot metal production rose by 5% q-o-q to 2,051
kt. Output at Azovstal and Ilyich Steel climbed by 71 kt and 23 kt,
respectively, due to the shortage of primary raw materials that was seen
at the Mariupol steel mills in January-February this year.
In 2Q 2019, Metinvest’s steel output climbed by 2% q-o-q to 1,982 kt
amid an increase of 105 kt in Azovstal's production due to greater hot
metal output, which fully compensated a decrease of 64 kt at Ilyich
Steel amid the shutdown of basic oxygen furnace no. 3 for a scheduled
major overhaul.
Compared with 1H 2018, Metinvest’s output of hot metal at the Mariupol
steel mills dropped by 7% in 1H 2019 to 4,008 kt amid unstable supply of
primary raw materials in the reporting period, as well as due to the
shutdown of blast furnace no. 6 at Azovstal for a scheduled major
overhaul with planned modernisation and the shutdown of blast furnace
no. 5 at the plant.
In 1H 2019, Metinvest’s steel output grew by 3% y-o-y to 3,923 kt due to
an increase in production of 257 kt at Ilyich Steel, as hot metal was
redirected to make steel and downstream products instead of merchant pig
iron due to the commissioning of the new continuous casting machine no.
4. At the same time, steel production at Azovstal decreased by 128 kt
due to lower hot metal output.
Metal product output
|
(kt) |
2Q 2019 |
1Q 2019 |
∆ kt |
∆ % |
1H 2019 |
1H 2018 |
∆ kt |
∆ % |
|
Semi-finished products |
815 |
623 |
192 |
31% |
1,439 |
1,644 |
-206 |
-12% |
|
Pig iron |
332 |
225 |
107 |
48% |
558 |
875 |
-317 |
-36% |
|
Slabs |
483 |
398 |
85 |
21% |
881 |
769 |
112 |
15% |
|
Finished products |
1,537 |
1,501 |
36 |
2% |
3,038 |
2,949 |
89 |
3% |
|
Flat products |
1,284 |
1,270 |
14 |
1% |
2,554 |
2,431 |
123 |
5% |
|
Hot-rolled plates |
913 |
886 |
27 |
3% |
1,799 |
1,738 |
61 |
4% |
|
Hot-rolled coils |
217 |
212 |
5 |
2% |
429 |
390 |
39 |
10% |
|
Cold-rolled coils |
39 |
53 |
-14 |
-26% |
92 |
108 |
-16 |
-15% |
|
Galvanized coils |
105 |
96 |
9 |
9% |
200 |
155 |
45 |
29% |
|
Other |
11 |
23 |
-12 |
-52% |
34 |
41 |
-7 |
-18% |
|
Long products |
200 |
191 |
9 |
5% |
391 |
427 |
-36 |
-8% |
|
Railway products |
10 |
4 |
6 |
150% |
14 |
29 |
-15 |
-52% |
|
Tubular products |
43 |
36 |
7 |
19% |
79 |
62 |
17 |
27% |
|
TOTAL |
2,352 |
2,124 |
228 |
11% |
4,477 |
4,593 |
-116 |
-3% |
Coke production
|
(kt) |
2Q 2019 |
1Q 2019 |
∆ kt |
∆ % |
1H 2019 |
1H 2018 |
∆ kt |
∆ % |
|
Coke (total) |
1,211 |
1,269 |
-58 |
-5% |
2,480 |
2,664 |
-184 |
-7% |
|
Coke (merchant) |
312 |
392 |
-80 |
-20% |
705 |
800 |
-95 |
-12% |
MINING SEGMENT
Iron ore concentrate and
pellet output
|
(kt) |
2Q 2019 |
1Q 2019 |
∆ kt |
∆ % |
1H 2019 |
1H 2018 |
∆ kt |
∆ % |
|
Iron ore concentrate (total) |
7,250 |
7,204 |
46 |
1% |
14,454 |
13,987 |
467 |
3% |
|
Iron ore products (merchant) |
4,571 |
4,438 |
133 |
3% |
9,009 |
7,536 |
1,473 |
20% |
|
Iron ore concentrate |
2,685 |
2,446 |
239 |
10% |
5,131 |
3,792 |
1,339 |
35% |
|
Fe <65% |
0 |
201 |
-201 |
-100% |
201 |
0 |
201 |
N/A |
|
Fe 65% to Fe 67% |
1,815 |
1,086 |
729 |
67% |
2,901 |
1,713 |
1,188 |
69% |
|
Fe >67% |
869 |
1,159 |
-290 |
-25% |
2,029 |
2,080 |
-51 |
-2% |
|
Pellets |
1,886 |
1,992 |
-106 |
-5% |
3,878 |
3,744 |
134 |
4% |
|
Fe <65% |
1,380 |
1,375 |
5 |
0% |
2,756 |
2,016 |
740 |
37% |
|
Fe 65% to Fe 67.5% |
505 |
617 |
-112 |
-18% |
1,122 |
1,728 |
-606 |
-35% |
Coal concentrate production
|
(kt) |
2Q 2019 |
1Q 2019 |
∆ kt |
∆ % |
1H 2019 |
1H 2018 |
∆ kt |
∆ % |
|
Coal concentrate (total) |
731 |
674 |
57 |
8% |
1,404 |
1,340 |
64 |
5% |
Source from
Metinvest |
(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932) |
