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Q3 2019 vs Q2 2019 HIGHLIGHTS
In Q3 2019, EVRAZ’ consolidated crude steel output decreased by 3.4%
QoQ, mainly due to lower production volumes at EVRAZ ZSMK amid scheduled
capital repairs. Production was also impacted by reduced output
at EVRAZ’ US and Canadian mills following scheduled downtimes and
by weaker demand.
Total steel product sales remained flat QoQ. Sales of semi-finished
products increased by 5.6% QoQ due to better market conditions. This was
partly offset by a 3.1% QoQ drop in finished products due to lower sales
of flat-rolled products (decreased production at EVRAZ Palini e Bertoli
as well as weaker demand from service centres at North America) and
railway products (capital repairs at EVRAZ ZSMK and EVRAZ NTMK).
Production of raw coking coal decreased by 9.7% QoQ mainly following the
decision to reduce production at the Razrez Raspadsky open-pit
as a response to substantial accumulated stockpiles of raw coal.
External sales volumes of coking coal products remained flat QoQ.
External sales of iron ore products descended by 73 kt (31.1%) QoQ
as production volumes of pellets were down amid capital repairs at EVRAZ
KGOK’s roasting machine no. 2.
Sales of final vanadium products rose by 9.8% QoQ, mainly due
to increased demand in China. This was a result of robust infrastructure
sector development, as well as ferrovanadium re-stocking in the rest
of the world due to lower prices.
|
Product, ‘ kt |
Q3 2019 |
Q2 2019 |
Q3 2019 / Q2 2019, change |
9M 2019 |
9M 2018 |
9M 2019 / 9M 2018, change |
|
Total crude steel production |
3,380 |
3,498 |
-3.40% |
10,366 |
9,917 |
4.50% |
|
Russia |
2,953 |
3,006 |
-1.80% |
8,945 |
8,368 |
6.90% |
|
Ukraine |
0 |
0 |
n/a |
0 |
154 |
-100.00% |
|
North America |
427 |
492 |
-13.20% |
1,421 |
1,395 |
1.90% |
|
Total raw coking coal mined |
6,319 |
6,996 |
-9.70% |
20,159 |
17,335 |
16.30% |
|
Total coking coal concentrate production |
4,244 |
4,458 |
-4.80% |
12,386 |
11,967 |
3.50% |
|
Iron ore products production |
3,319 |
3,533 |
-6.10% |
10,488 |
10,148 |
3.40% |
|
Total sales of steel products1 |
3,385 |
3,371 |
0.40% |
9,893 |
9,328 |
6.10% |
|
Semi-finished products2,3 |
1,443 |
1,367 |
5.60% |
4,146 |
3,726 |
11.30% |
|
Finished products3 |
1,942 |
2,004 |
-3.10% |
5,747 |
5,602 |
2.60% |
|
Total sales of third-party steel products3 |
225 |
196 |
14.80% |
601 |
672 |
-10.60% |
|
Sales of coking coal products |
2,953 |
2,929 |
0.80% |
8,539 |
8,244 |
3.60% |
|
Sales of iron ore products2 |
162 |
235 |
-31.10% |
861 |
1,514 |
-43.10% |
|
Sales of Vanadium in slag2 |
1,693 |
1,660 |
2.00% |
4,528 |
4,760 |
-4.90% |
|
Sales of vanadium final products4 |
3,585 |
3,266 |
9.80% |
9,369 |
9,693 |
-3.30% |
Note. Numbers in this table and the tables below may not add
up to totals due to rounding
1 Q3
2019 production and sales volumes of EVRAZ North America are preliminary
2 9m 2018
data has been adjusted
3 Q2
2019 data has been adjusted
4 in tonnes
of pure vanadium
Source from
Evraz |
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