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Nov.13.2019 1USD=7.0026RMB
  SteelHome >>Steel>>Market Info>>International Dynamics
 
EVRAZ Announced 2019 Q3 Report

http://en.steelhome.cn [SteelHome] 2019-11-07 11:14:03

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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 products

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

in tonnes of pure vanadium

Source from Evraz

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