MMK issues H1 production results

Friday, 06 July 2007 11:27:48 (GMT+3)   |  

The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has released its production results for the first half of 2007.

Accordingly, during the given period the mill recorded a 9.4 percent increase in its crude steel production to 6.48 million metric tons and a 9.3 percent rise in its finished steel production to 5.99 million metric tons.

However, MMK saw a 9.2 percent decrease in its agglomerate production, a 5.5 percent decrease in pig iron production and a 5.8 percent decrease in its coke output. The respective figures in metric tons were 4.95 million, 4.7 million and 2.6 million.

In the first six months of 2007, MMK saw a reduction in the export share in its overall sales to 36.1 percent.


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