Amurmetall issues 2008 operational results

Monday, 05 January 2009 09:59:25 (GMT+3)   |  
       

The Russian steel producer Amurmetall has released its operational results for 2008.

Accordingly, during the given year, the mill recorded a 19.8 percent rise in its crude steel production to 1.089 million mt, a 20.3 percent increase in its billet output to 1.062 million mt, and a 26 percent rise in its rolled steel production to 498,678 mt, including a 0.3 percent increase in its flats production and a 40.8 percent rise in its longs production to 144,975 mt and 353,703 mt respectively, all compared with the data for the previous year.

In 2008, Amurmetall produced 5,225 mt of wire rod - up 13.8 percent, and started the production of pipes, manufacturing 1,703 mt. The mill's deliveries in the period in question increased by 12.9 percent to 979,200 mt, amounting to Ruble 19.36 billion (approx. $658.3 million) - up 45.7 percent year on year.

Within the framework of its expansion project aimed at increasing its annual crude steel production capacity to 2.15 million mt, in 2008 Amurmetall commissioned a new 125-mt EAF Concast, a new slab concaster, delivered by SMS Demag at its electro-melting workshop No. 2, and a new pipe rolling mill RS 90 4.0-180 for the production of water and gas line pipes. As a result, for the first time in its history, in December the mill reached an annual crude steel output of more than one million mt.


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