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Nov.23.2019 1USD=7.0306RMB
  SteelHome >>Steel>>Market Info>>International Dynamics
 
MMK Group Announces Q3 2019 Operational Report

http://en.steelhome.cn [SteelHome] 2019-10-15 17:17:22

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Q3 2019 highlights vs. Q2 2019

1. MMK Groups total sales of finished products in Q3 2019 totalled 2,897 thousand tonnes, up 1.4% quarter-on-quarter (q-o-q).

2. MMK Groups sales of HVA products in Q3 2019 totalled 1,418 thousand tonnes, slightly down 0.6% qo-q. The share of HVA products in total sales amounted to 48.9%.

3. MMK Coals coal concentrate production in Q3 2019 totalled 629 thousand tonnes, up 29.2% q-o-q.

9M 2019 highlights vs. 9M 2018

1. MMK Groups total sales of finished products in 9M 2019 totalled 8,535 thousand tonnes, down 2.2% year-on-year (y-o-y).

2. MMK Groups sales of HVA products in 9M 2019 totalled 4,181 thousand tonnes, up 2.6% y-o-y. The share of HVA products in total sales increased to 49.0%.

3. MMK Coals coal concentrate production in 9M 2019 totalled 1,893 thousand tonnes, down 14.8% y-oy

Group: Consolidated results

(thousand tonnes)

Q3 2019

Q2 2019

%

9M 2019

9M 2018

%

Finished products sales, of which: 

2,897

2,856

1.40%

8,535

8,728

-2.20%

Long products

340

366

-7.10%

1,039

1,034

0.60%

Flat hot-rolled products

1,139

1,064

7.00%

3,314

3,617

-8.40%

Thick plate (mill 5000)

251

281

-10.80%

824

595

38.50%

Flat cold-rolled products

247

241

2.50%

746

917

-18.70%

Downstream products, of which:

920

904

1.80%

2,611

2,565

1.80%

Tin plate

36

43

-17.00%

111

100

10.80%

Galvanised steel

489

484

1.00%

1,387

1,294

7.20%

Polymer-coated steel 

184

176

4.40%

516

532

-2.90%

Band

27

29

-6.90%

87

109

-20.90%

Formed section

49

38

27.40%

128

125

2.40%

Pipes

18

11

69.60%

41

48

-14.70%

Metalware

100

106

-5.70%

299

301

-0.70%

Other metal products

17

16

5.10%

43

57

-24.20%

HVA products

1,418

1,426

-0,6%

4,181

4,077

2.60%

Share of HVA products

48.90%

49.90%

49.00%

46.70%

Coal concentrate production 

629

487

29.20%

1,893

2,220

-14.80%

Iron ore production

646

729

-11.40%

2,091

2,370

-11.80%

MMK Group highlights by key segments PSJC MMK

(thousand tonnes)

Q3 2019

Q2 2019

%

9M 2019

9M 2018

%

Pig Iron

2,560

2,452

4.40%

7,409

7,301

1.50%

Crude Steel

3,194

3,091

3.30%

9,392

9,552

-1.70%

Finished products, of which: 

2,787

2,730

2.10%

8,248

8,599

-4.10%

Long products

470

452

4.10%

1,379

1,372

0.50%

Flat hot-rolled products

1,207

1,166

3.50%

3,554

3,920

-9.30%

HVA products, of which:

1,109

1,112

-0.20%

3,316

3,306

0.30%

Thick plate (mill 5000)

256

287

-10.90%

810

616

31.60%

Flat cold-rolled products

322

294

9.50%

936

1,079

-13.30%

Downstream products, of which:

531

530

0.10%

1,569

1,611

-2.60%

Tin plate

35

42

-16.50%

111

99

11.30%

Galvanised steel

327

338

-3.20%

976

954

2.40%

Polymer-coated steel 

77

70

10.20%

228

266

-14.30%

Band

26

28

-7.30%

82

111

-26.50%

Formed section

40

42

-5.80%

122

126

-3.40%

Pipes

26

11

149%

51

55

-7.40%

Shipments by market:

Russia + CIS

2,541

2,444

4.00%

7,427

6,842

8.60%

Export

246

286

-13.90%

821

1,756

-53.20%

 

(USD / tonne)

Q3 2019

Q2 2019

%

9M 2019

9M 2018

%

Average price per tonne:

616

625

-1.50%

607

637

-4.70%

Long products

493

510

-3.20%

494

553

-10.70%

Flat hot-rolled products

551

551

0%

536

573

-6.50%

HVA products, of which:

740

750

-1.30%

729

747

-2.40%

Thick plate (mill 5000)

752

747

0.60%

737

779

-5.40%

Flat cold-rolled products

631

629

0.30%

613

626

-2.10%

Downstream products, of which:

800

818

-2.30%

794

815

-2.60%

Tin plate

840

817

2.80%

811

812

-0.10%

Galvanised steel

777

802

-3.10%

774

793

-2.40%

Polymer-coated steel 

961

981

-2.10%

951

991

-4.00%

Band

703

689

2.00%

681

671

1.50%

Formed section

841

827

1.70%

816

817

-0.10%

Pipes

583

594

-1.80%

573

639

-10.30%

Lysvensky Metallurgical Plant

(thousand tonnes)

Q3 2019

Q2 2019

%

9M 2019

9M 2018

%

Finished products, including:

66

74

-11.00%

201

194

3.50%

Galvanised steel

21

3

534.50%

26

4

516.90%

Galvanised steel with polymer coating

39

68

-42.40%

163

178

-8.60%

Galvanised steel with decorative coating (SteelArt)

6

3

113.50%

12

11

5.90%

Steel segment (Turkey)

(thousand tonnes)

Q3 2019

Q2 2019

%

9M 2019

9M 2018

%

Metalurji finished products, including:

188

197

-4.30%

561

565

-0.70%

Flat hot-rolled products

2

8

-68.30%

18

40

-56.00%

HVA products, of which:

186

189

-1.60%

543

525

3.50%

Galvanised steel

146

160

-8.80%

435

410

6.20%

Polymer-coated steel

40

29

38.10%

108

116

-6.10%

Metalurji finished products from steel

82

58

41.10%

298

430

-30.70%

Source from MMK

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