Mechel issues H1 production results

Wednesday, 18 July 2007 16:25:23 (GMT+3)   |  
       

One of the leading Russian mining and steel companies, Mechel, has announced its production results for the first half of 2007.

Accordingly, during the given period the company saw a 10 percent increase in its coal production to 8.87 million mt, a 20 percent increase in its nickel production to 8,400 mt and an 80 percent increase in its coke production to 1.94 million mt. However, Mechel registered a six percent decrease in its coking coal output to 4.22 million mt and a one percent decline in its iron ore concentrate production to 2.38 million mt.

In its steel segment, Mechel saw an eight percent rise in its pig iron production, a four percent increase in its crude steel production and an 11 percent rise in its finished steel products output (including a 17 percent rise in flats output, a 26 percent increase in longs output, but a 12 percent decrease in semis production) year on year in the first six months of 2007. The respective figures in mt were 1.9 million, 2.99 million, 2.53 million (including 226,000 of flats, 1.53 million of longs and 768,000 of semis).


Similar articles

Ukraine’s Metinvest sees 65% fall in pig iron output in Jan-Sept

22 Nov | Steel News

WSD Strategic Insights XXXVI: Out-of-whack steel pricing relationships

28 May | Steel Matters

Steel production and prices rise substantially for Evraz NA in Q2

18 Jul | Steel News

Mechel increases crude steel output by 11 percent in Q1

13 Apr | Steel News

Erdemir sees $502 million net profit in 2010 due to higher local shipments

15 Mar | Steel News

Mechel returns to pre-crisis output levels in 2010

20 Jan | Steel News

Mechel issues January-September operational results

18 Oct | Steel News

Mechel issues H1 operational results

21 Jul | Steel News

Evraz posts $2.97 billion revenue in Q1 2010

18 May | Steel News

NDRC issues China’s metallurgical industry results for November

30 Dec | Steel News