Upturn in Russia’s crude steel output
Data released by the Russian Federal State Statistics Service show that the country's crude steel output rose 0.4 percent year on year to 60.3 million metric tons in the first eleven months of 2005.
Russia's converter steel output fell 1.4 percent year on year to 35.6 million metric tons during the same period. However, electric steel output rose 17 percent to 12.3 million metric tons.
Steel
production rose 3 percent at
Severstal, 2 percent at Nizhny Iron & Steel Works (NTMK), 0.4 percent at Magnitogorsk Iron & Steel Works (
MMK), 0.4 percent at Urals Steel, 18.3 percent at Novokuznetsk Iron & Steel Works (NKMK) and 3.7 percent at Oskol Electrometallurgical Combine (OEMK).
On the other hand, output fell 1.5 percent at Siberian Iron & Steel Works (ZSMK), 7.8 percent at Novolipetsk Steel (
NLMK), 7.1 percent at Chelyabinsk Iron & Steel Works (ChMK) and 7 percent at the Chusovo Steel Works.