(kt) |
4Q 2021 |
3Q 2021 |
∆ kt |
∆ % |
2021 2020 |
∆ kt |
∆ % |
Iron ore concentrate (total) |
7,663 |
7,814 |
-151 |
-2% |
31,341 30,501 |
840 |
3% |
Iron ore products (merchant) |
4,060 |
3,712 |
348 |
9% |
17,530 19,075 |
-1,545 |
-8% |
Iron ore concentrate |
3,101 |
2,444 |
657 |
27% |
11,719 14,155 |
-2,436 |
-17% |
Fe 65% to Fe 67% |
1,644 |
1,284 |
360 |
28% |
7,219 11,071 |
-3,852 |
-35% |
Fe ≥67% |
1,457 |
1,160 |
297 |
26% |
4,500 3,084 |
1,416 |
46% |
Pellets |
959 |
1,268 |
-309 |
-24% |
5,811 4,920 |
891 |
18% |
Fe <65% |
491 |
652 |
-161 |
-25% |
3,610 2,666 |
944 |
35% |
Fe 65% to Fe 67.5% |
146 |
337 |
-191 |
-57% |
1,175 1,250 |
-75 |
-6% |
Fe
≥67.5%
|
322 |
279 |
43 |
15% |
1,026 1,004 |
22 |
2% |
In 4Q 2021, Metinvest’s output of iron ore concentrate dropped by 2%
q-o-q to 7,663 kt amid less ore mining at Northern GOK and Ingulets GOK.
In 4Q 2021, the Group’s merchant iron ore product output rose by 9%
q-o-q to 4,060 kt. In particular, merchant iron ore concentrate output
soared by 27% to 3,101 kt amid a decrease in intragroup consumption of
concentrate by Metinvest’s steel mills, the optimisation of Northern
GOK's order book and a planned overhaul of the roasting machine at
Central GOK. As a result, merchant pellet output dropped by 24% to 959
kt.
In 2021, Metinvest’s iron ore concentrate output rose by 3% y-o-y to
31,341 kt, amid greater ore mining and processing volumes at all iron
ore assets. The main drivers were increased productivity of mining
transport facilities and throughput of the ore beneficiation plants, as
well as recently realised investments.
In 2021, the Group’s merchant iron ore product output fell by 8% y-o-y
to 17,530 kt. In particular, merchant iron ore concentrate output
dropped by 17% to 11,719 kt amid an increase in intragroup consumption,
the integration of DMK’s production facilities and the redistribution of
orders in favour of pellets. As a result, merchant pellet output rose by
18% to 5,811 kt. |
(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837 18725550282) |