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Evraz’s crude steel output up 6.3 percent in Q3 from Q2

Tuesday, 18 October 2016 17:42:10 (GMT+3)   |   Istanbul
       
Russian mining and steelmaking company Evraz Group has announced its production results for the third quarter of the current year, stating that its crude steel production increased by 6.3 percent to 3.4 million mt compared to the second quarter, following the completion of capital repairs at blast furnace No. 1 at Evraz ZSMK. In the third quarter this year, the company's pig iron production increased by 11.4 percent to 2.9 million mt, its finished steel production declined by 7.7 percent to 1.72 million mt and coke production decreased by 3.6 percent to 280,000 mt, all quarter on quarter.
 
The share of semi-finished products of total steel product output increased to 43 percent in the third quarter of this year from 34.8 percent in the previous quarter following the repairs completed at blast furnaces, boosting the volume of steel available for export.
 
According to the company's statement, in North America, output of tubular products (large diameter pipes (LDP), oil country tubular goods (OCTG) and small diameter line pipes) fell by 12.5 percent quarter on quarter, due to pipeline project delays and low oil prices, while output of construction products and flat products decreased by 14.7 percent and 25.7 percent respectively amid lower demand, both quarter on quarter.

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