The Russian steel producer Severstal has issued its operational results for 2009. The figures include the consolidated production data (net of intercompany sales) of all Russia-based and overseas facilities of Severstal.
According to the company release, in 2009, Severstal registered a 13 percent decrease in its crude steel output to 16.75 million mt, and also a 17 percent drop in its rolled steel product output to about 12.68 million mt, including 6.1 million mt of hot rolled strips and plates - down nine percent, 2.58 million mt of cold rolled sheet - up 11 percent, 1.78 million mt of galvanized and other metallic coated sheet - down 10 percent, 281,257 mt of color coated sheet - up 19 percent, and 1.9 million mt of long products - down 52 percent, all compared to 2008.
During the period in question, Severstal also saw a 33 percent decrease year on year in its semi-finished steel product output to 1.481 million mt, and a 22 percent drop in its downstream product output to 1.48 million mt, including 785,152 mt of metalware products - down 22 percent, 267,282 mt of large diameter pipes - down 39 percent, and 426,992 mt of other tubes and pipes and formed shapes - down three percent, all compared to 2008.
On the other hand, in 2009, Severstal increased its coking coal output by four percent year on year to 180,228 mt, but decreased its coking coal concentrate output by 29 percent to 1.08 million mt year on year. The company also produced 4.57 million mt of iron ore - down two percent, including 4.46 million mt of iron ore pellets - up six percent, and 112,789 mt of iron ore concentrate - down 76 percent, all compared to 2008.
In Q4 2009, Severstal increased its crude steel output by two percent quarter on quarter to 4.62 million mt.
Generally, in 2009, the biggest output decrease was registered by Severstal's Italian subsidiary Lucchini. However, in Q4 this subsidiary's production figures improved significantly: the crude steel output increased by 45 percent to 535,005 mt compared to Q3. The crude steel output at Severstal's North American and Russia's divisions in Q4 declined slightly quarter on quarter by one and two percent respectively.
Severstal's average selling prices of coking coal concentrate in the Q4 2009 stood at $103/mt - up 36 percent quarter on quarter. The average selling prices of rolled steel products in Russia were $571/mt - up 14 percent, in North America they stood at $758/mt - up 14 percent, and in Europe were at $910/mt - up two percent, all compared to Q3 2009.