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Evraz DMZ Q3 production update

Steel News - Published on Fri, 20 Oct 2017

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In Q3 2017, saleable coke volumes surged by 23.8% quarter-on-quarter due to increased orders from export and domestic customers. Pig iron production went up 9.1% amid higher blast furnace productivity. Meanwhile, saleable pig iron volumes decreased reflecting the switch to billets production after completing capital repairs at EVRAZ DMZ, as well as upward price dynamics on semi-finished products.

Production of crude steel and steel products jumped by 85.6% and 85.0% quarter on quarter, respectively, after the completion of repairs at EVRAZ DMZ’ rolling mill no. 1 and oxygen-converter plant and amid an increase in pig iron production in Q3 2017.

Overall, prices for steel products were higher than in Q2 2017, in line with the upward market trend.

In Q4 2017, we expect output of both crude steel and steel products to increase quarter-on-quarter, mainly due to lower sales volumes of pig iron.

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Posted By : Nanda Koijam on Fri, 20 Oct 2017
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