Q1 2020 IN COMPARISON TO
Q4 2019
Pig iron output decreased by 9.6% quarter-on-quarter (q-o-q) and
amounted to 2,355 thousand tonnes amid the suspension of blast
furnace №2 production due to a capital overhaul in February. The
overhaul will allow to improve environmental performance through
constructing dust exhausting units at casting house and stock house.
Steel output was down by 1.6% q-o-q and amounted to 3,022 thousand
tonnes due to maintenance work at converter facilities and scheduled
reconstruction of hot rolled Mill 2500.
MMK Group’s total sales of finished products totalled 2,745 thousand
tonnes, down 1.3% q-o-q.
MMK Group’s sale of HVA products amounted to 1,308 thousand tonnes,
up 1.0% q-o-q. The share of HVA products in total sales amounted to
47.7%. This growth was due to higher demand for coated metal
products.
MMK Coal’s coal concentrate production totalled 814 thousand tonnes,
up 12.9% q-o-q due to higher demand for concentrate at MMK.
MMK GROUP: CONSOLIDATED
RESULTS
|
(thousand tonnes) |
Q1 2020 |
Q4 2019 |
% |
Q1 2020 |
Q1 2019 |
% |
|
Crude steel production |
3022 |
3070 |
−1.6 |
3022 |
3107 |
−2.7 |
|
Pig iron production |
2355 |
2604 |
−9.6 |
2355 |
2396 |
−1.7 |
|
Coal concentrate production |
814 |
721 |
12.9 |
814 |
777 |
4.8 |
|
Iron ore production |
658 |
678 |
−3.0 |
658 |
716 |
−8.2 |
|
Finished products sales, including: |
2745 |
2781 |
−1.3 |
2745 |
2782 |
−1.3 |
|
Long products |
357 |
313 |
14.1 |
357 |
329 |
8.3 |
|
Flat hot-rolled products |
1080 |
1173 |
−7.9 |
1080 |
1111 |
−2.7 |
|
HVA products, including: |
1308 |
1296 |
1 |
1308 |
1342 |
−2.5 |
|
Thick plate (mill 5000) |
231 |
211 |
9.1 |
231 |
293 |
−21.1 |
|
Flat cold-rolled products |
245 |
260 |
−6.1 |
245 |
257 |
−4.8 |
|
Downstream products, including: |
833 |
824 |
1.1 |
833 |
793 |
5.1 |
|
Tin plate |
42 |
30 |
39.1 |
42 |
32 |
29 |
|
Galvanised steel |
443 |
426 |
4.1 |
443 |
414 |
7.2 |
|
Polymer-coated steel |
140 |
150 |
−6.4 |
140 |
156 |
−10.4 |
|
Band |
32 |
33 |
−3.4 |
32 |
35 |
−8.0 |
|
Formed section |
44 |
39 |
11.9 |
44 |
41 |
8.5 |
|
Pipes |
13 |
16 |
−20.6 |
13 |
11 |
12.5 |
|
Metalware |
108 |
117 |
−7.7 |
108 |
93 |
16.3 |
|
Other metal products |
11 |
13 |
−13.4 |
11 |
11 |
3.4 |
|
Share of HVA products |
47.7% |
46.6% |
|
47.7% |
48.2% |
|
CONSOLIDATED PRICES FOR METAL PRODUCTS
|
(USD / tonne) |
Q1 2020 |
Q4 2019 |
% |
Q1 2020 |
Q1 2019 |
% |
|
Average price per tonne: |
591 |
577 |
2.3 |
591 |
619 |
−4.5 |
|
Long products |
497 |
498 |
−0.2 |
497 |
517 |
−3.8 |
|
Flat hot-rolled products |
520 |
469 |
10.7 |
520 |
528 |
−1.6 |
|
HVA products, including: |
675 |
694 |
−2.7 |
675 |
719 |
−6.1 |
|
Thick plate (mill 5000) |
688 |
710 |
−3.1 |
688 |
708 |
−2.8 |
|
Flat cold-rolled products |
602 |
603 |
−0.2 |
602 |
601 |
0 |
|
Downstream products, including: |
692 |
719 |
−3.7 |
692 |
762 |
−9.1 |
|
Tin plate |
773 |
816 |
−5.3 |
773 |
783 |
−1.3 |
|
Galvanised steel |
651 |
688 |
−5.3 |
651 |
728 |
−10.5 |
|
Polymer-coated steel |
827 |
848 |
−2.4 |
827 |
871 |
−5.1 |
|
Band |
663 |
680 |
−2.5 |
663 |
675 |
−1.7 |
|
Formed section |
760 |
739 |
2.8 |
760 |
762 |
−0.3 |
|
Pipes |
555 |
531 |
4.6 |
555 |
579 |
−4.0 |
|
Metalware |
659 |
668 |
−1.3 |
659 |
769 |
−14.4 |
|
Other metal products |
692 |
773 |
−10.5 |
692 |
765 |
−9.6 |
MMK GROUP HIGHLIGHTS BY KEY SEGMENTS
STEEL SEGMENT RUSSIA
|
(thousand tonnes) |
Q1 2020 |
Q4 2019 |
% |
Q1 2020 |
Q1 2019 |
% |
|
Crude steel production |
3022 |
3070 |
−1.6 |
3022 |
3107 |
−2.7 |
|
Pig iron production |
2355 |
2604 |
−9.6 |
2355 |
2396 |
−1.7 |
|
Sales of finished products, including: |
2597 |
2740 |
−5.3 |
2597 |
2779 |
−6.6 |
|
Long products |
357 |
313 |
14.1 |
357 |
329 |
8.3 |
|
Flat hot-rolled products |
1095 |
1292 |
−15.2 |
1095 |
1279 |
−14.3 |
|
HVA products, including: |
1145 |
1139 |
0.6 |
1145 |
1172 |
−2.3 |
|
Thick plate (mill 5000) |
231 |
211 |
9.1 |
231 |
293 |
−21.1 |
|
Flat cold-rolled products |
245 |
260 |
−6.0 |
245 |
255 |
−4.1 |
|
Downstream products, including: |
670 |
667 |
0.4 |
670 |
624 |
7.3 |
|
Tin plate |
42 |
30 |
39.1 |
42 |
32 |
29 |
|
Galvanised steel |
311 |
305 |
2.2 |
311 |
285 |
9.4 |
|
Polymer-coated steel |
109 |
114 |
−4.3 |
109 |
117 |
−6.8 |
|
Band |
32 |
33 |
−3.4 |
32 |
35 |
−8.0 |
|
Formed section |
44 |
39 |
11.9 |
44 |
41 |
8.5 |
|
Pipes |
13 |
16 |
−20.6 |
13 |
11 |
12.5 |
|
Metalware |
108 |
117 |
−7.7 |
108 |
93 |
16.3 |
|
Other metal products |
11 |
13 |
−13.0 |
11 |
11 |
3.5 |
|
Share of HVA products |
44.2% |
41.6% |
|
44.2% |
42.1% |
|
STEEL SEGMENT TURKEY
|
(thousand tonnes) |
Q1 2020 |
Q4 2019 |
% |
Q1 2020 |
Q1 2019 |
% |
|
Sales of finished products, including: |
167 |
159 |
5.1 |
167 |
176 |
−4.9 |
|
Flat hot-rolled products |
4 |
2 |
116.2 |
4 |
5 |
−20.9 |
|
Flat cold-rolled products |
— |
— |
— |
— |
2 |
— |
|
HVA products, including |
163 |
157 |
3.9 |
163 |
169 |
−3.0 |
|
Galvanised steel |
132 |
121 |
8.9 |
132 |
129 |
2.4 |
|
Polymer-coated steel |
31 |
36 |
−13.0 |
31 |
39 |
−20.8 |
|
Intersegment sales from Steel segment Russia |
19 |
122 |
−84.1 |
19 |
173 |
−88.8 |
COAL MINING SEGMENT
|
(thousand tonnes) |
Q1 2020 |
Q4 2019 |
% |
Q1 2020 |
Q1 2019 |
% |
|
Coking coal mining |
1238 |
1337 |
−7.4 |
1238 |
1464 |
−15.4 |
|
Coking coal processing |
1442 |
1281 |
12.6 |
1442 |
1422 |
1.4 |
|
Mined |
1358 |
1267 |
7.2 |
1358 |
1403 |
−3.2 |
|
Purchased |
84 |
14 |
503.1 |
84 |
19 |
343.2 |
|
Coking coal concentrate |
814 |
721 |
12.9 |
814 |
777 |
4.8 |
To view the full presentation,
please go to the official website of
MMK |
|
