According to the data issued by Russia's Ministry of Economic Development, in the first month of 2011 Russia registered a 12.2 percent year on year increase in its finished steel product output to 4.9 million mt.
According to the ministry's preliminary data, in January this year, NLMK's Nizhneserginsky Metalware-Metallurgical Plant (NSMMZ) increased its finished steel product output by 37.7 percent to 134,000 mt, Magnitogorsk Iron and Steel Works (MMK) raised its finished steel product output by 31.8 percent to 990,000 mt, Mechel's Chelyabinsk Metallurgical Plant saw its finished steel output increase by 29.8 percent to 290,000 mt, Evraz's Novokuznetsk Iron and Steel Plant and Nizhny Tagil Iron and Steel Works (NTMK) registered 27.4 percent and 1.4 percent growth in finished output to 132,000 mt and 343,000 mt respectively, Severstal Cherepovets increased its finished steel output by 12 percent to 846,000 mt, and Novolipetsk Steel's (NLMK) finished output rose by 2.9 percent to 755,000 mt, all compared to the same month last year.
Meanwhile, during the period in question, year-on-year decreases in finished steel product outputs were registered by Metalloinvest subsidiaries Oskol Elektrometallurgical Plant and Ural Steel - down 5.9 percent and 27.6 percent to 228,000 mt and 164,000 mt respectively, and by Evraz's subsidiary West-Siberian Steel Works (ZapSib) - down 7.2 percent to 470,000 mt.