Ukraine’s ArcelorMittal Kriviy Rih sees stable output in July
Tags: Ukraine , ArcelorMittal , CIS , steelmaking , production | similar articles »
ArcelorMittal Kriviy Rih, Ukraine-based subsidiary of the world's largest integrated metals and mining company ArcelorMittal, has said that in July this year its steel production was stable with no major operational problems.
July (mt) | June (mt) | Jan-July (mt) | |||
2010 | 2009 | 2010 | 2010 | 2009 | |
Pig iron | 419,400 | 458,500 | 419,800 | 3,083,200 | 2,485,500 |
Steel | 492,400 | 523,600 | 487,700 | 3,556,500 | 2,810,000 |
Rolled steel products | 416,100 | 443,200 | 410,100 | 3,054,000 | 2,570,100 |
"As for the Q2 results, we achieved a good commercial performance due to increased sales prices and volumes, although increased variable and fixed costs remain a downside factor," ArcelorMittal Kriviy Rih's CFO V. Vaideeswaran said.
As regards the future, Mr. Vaideeswaran predicted a soft Q3 due to market demand, with raw material costs expected to stay at the Q2 level.
previous article 
Facebook Wall 
SteelOrbis Tweets 
SteelOrbis RSS Feeds
Mobile