The Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced that in the January-September period this year its iron ore output increased by 18.4 percent year on year to 3.674 million mt, mainly due to the ramp-up of production at its Sosnovsky iron ore deposit.
Q3 2010 | Q2 2010 | Change | Jan-Sept 2010 | Jan-Sept 2009 | Change | |
Iron ore production, incl.: | 1,306,000 | 1,261,000 | 3.6% | 3,674,000 | 3,102,000 | 18.4% |
Iron ore production (Bakal) | 482,000 | 411,000 | 17.3% | 1,289,000 | 735,000 | 75.4% |
Iron ore production (MMK base in Magnitogorsk) | 354,000 | 390,000 | -9.2% | 1,119,000 | 1,068,000 | 4.8% |
Slag processing | 470,000 | 460,000 | 2.2% | 1,266,000 | 1,299,000 | -2.5% |