Evraz reports third quarter operational results

Evraz reports third quarter operational results

Russia’s Evraz Group, a leading vertically integrated steel production and mining businesses, announced today (October 7) its third quarter operational results. The third quarter saw the company produce 3.205 million metric tons (mmt) of crude steel. Year-to-date production was 10.213 mmt, a 0.1 percent year-on-year decline. Rolled steel production for the third quarter amounted to 2.913 mmt. Year-to date production was 9.219 mmt, a 0.6 percent year-on-year gain. Evraz produced 2.546 mmt of pig iron during the third quarter. Year-to-date production was 8.498 mmt, down 0.7 percent year on year. In terms of iron ore, the company produced 820’000 metric tons of concentrate during the third quarter, bringing year-to-date production to 2.111 mmt, a 17 percent gain year on year. Third-quarter pellet production of 1.013 mmt helped year-to-date production shoot up near 102 percent to 3.770 mmt. The group also produced 2.1 mmt of sinter during the third quarter, taking year-to-date production to 6.733 mmt, an almost 21 percent gain year on year. As for coking coal, Evraz produced 191’000 metric tons during the third quarter, bringing year-to-date production to 347’000 tons.