Mechel issues January-September output data

Friday, 17 October 2008 09:23:41 (GMT+3)   |  

Mechel, one of the leading Russian mining and steel groups, has issued its production data for the first nine months of 2008.

Accordingly, during the given period the company saw a 54 percent increase in its coal production to 20.704 million mt (including a 95 percent increase in its coking coal production to 12.409 million mt), a six percent increase in its nickel production to 14,000 mt, but a 2.5 percent decrease in its iron ore concentrate production to 3.620 million metric tons and an 8.2 percent drop in its coke production to 2.699 million mt, all compared with the same period last year.

In its steel segment, Mechel saw a two percent decrease 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 0.4 percent decrease in flats output, an 18 percent increase in longs output, and an one percent rise in semis production) year on year in the first nine months of 2008. The respective figures in mt were 2.699 million, 4.745 million, and 4.313 million (including 309,000 of flats, 2.716 million of longs and 1.288 million of semis).


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