StockMarketWire.com - MMK Group has reported that total crude steel output in the second quarter (Q2) totalled 3,182 thousand tonnes, up 3.8% from the previous quarter.

The Company said overall steelmaking capacity utilisation at the main Magnitogorsk site (excluding planned maintenance) in Q2 exceeded 90%.

MMK Group's total finished steel product shipments in Q2 (excluding intra-group sales) amounted to 2,882 thousand tonnes (up 5.9% on Q1).

MMK Group's HVA steel product output in Q2 was 1,287 thousand tonnes (down 1.9% from Q1). The share of HVA products in total output was 44.7%.

Production of coal concentrate by Belon in Q2 2017 totalled 699 thousand tonnes (up 14.8%).






Story provided by StockMarketWire.com