The Russian steel producer Severstal has announced the January-September and Q3 2010 operational results of Italy-based steelmaker Lucchini, in which Severstal's share has decreased to 49.2 percent following the sale of 50.8 percent to Russian businessman Alexey Mordashov on June 30 this year.
Severstal reported that in January-September 2010 Lucchini saw an increase in its crude steel output by 55 percent to 1.879 million mt, while its hot metal production went up by 51 percent to 1.488 million mt, both compared to the same period last year.
Meanwhile, in the first nine months of this year, Lucchini increased its sales of semi-finished steel products to 712,204 mt - up 77 percent year on year, and increased its sales of rolled long steel products to about 1.298 million mt - up 47 percent year on year.
|
Jan-Sept 2010 |
Jan-Sept 2009 |
Change |
Q3 2010 |
Q2 2010 |
Change |
Total output, (mt) |
||||||
Hot metal: total output |
1,488,222 |
982,969 |
51% |
408,023 |
575,728 |
-29% |
Crude Steel: total output |
1,878,989 |
1,211,371 |
55% |
515,842 |
736,925 |
-30% |
Sales volume, (mt) |
||||||
Semi-finished products |
712,204 |
401,669 |
77% |
170,306 |
234,812 |
-27% |
Rolled long products |
1,297,715 |
884,350 |
47% |
363,330 |
485,308 |
-25% |
Downstream products (Metalware) |
39,367 |
31,636 |
24% |
13,657 |
15,752 |
-13% |