SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSVST.L Regulatory News (SVST)

  • There is currently no data for SVST

Q1 2013 Operational results

22 Apr 2013 07:00

RNS Number : 8628C
OAO Severstal
22 April 2013
 



 

 

 

Severstal reports Q1 2013 operational results

 

Moscow, Russia - April 22, 2013 - OAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world's leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q1 2013.

 

 

SUMMARY OF KEY PRODUCTION, SALES VOLUMES AND SELLING PRICES DATA

Production, tonnes

Q1 2013

Q4 2012

Change, %

Q1 2013

Q1 2012

Change, %

Crude steel (Total output):

3 835 016

3 584 214

7 %

3 835 016

3 989 725

(4) %

Russian Steel

2 658 148

2 542 885

5 %

2 658 148

2 714 900

(2) %

Severstal North America (SNA)

1 176 868

1 041 328

13 %

1 176 868

1 274 825

(8) %

Hot metal (total output):

2 631 297

2 472 135

6 %

2 631 297

2 716 289

(3) %

Russian Steel

2 142 408

2 073 000

3 %

2 142 408

2 226 800

(4) %

North America

488 889

399 135

22 %

488 889

489 489

(0) %

Sales volumes, tonnes

Q1 2013

Q4 2012

Change, %

Q1 2013

Q1 2012

Change, %

Coking coal concentrate

1 826 920

1 973 849

(7) %

1 826 920

1 795 760

2 %

Iron ore pellets

2 460 285

2 626 264

(6) %

2 460 285

2 549 152

(3) %

Iron ore concentrate

1 053 035

1 141 571

(8) %

1 053 035

1 101 071

(4) %

Total steel products (Consolidated)

3 684 465

3 270 721

13 %

3 684 465

3 756 401

(2) %

Total steel products (Russian Steel)

2 639 950

2 349 660

12 %

2 639 950

2 625 513

1 %

Total steel products (SNA)

1 112 716

967 460

15 %

1 112 716

1 220 631

(9) %

Average price, $/tonne

Q1 2013

Q4 2012

Change, %

Q1 2013

Q1 2012

Change, %

Coking coal concentrate

117

122

(4) %

117

161

(28) %

Iron ore pellets

110

90

22 %

110

118

(6) %

Hot-rolled coil and plate (Russian Steel)

566

582

(3) %

566

654

(13) %

Rolled products (SNA)

808

813

(1) %

808

869

(7) %

 

SALES VOLUMES

Sales volumes, tonnes

Q1 2013

Q4 2012

Change, %

Q1 2013

Q1 2012

Change, %

Severstal Resources

Coal:

2 618 400

2 843 842

(8) %

2 618 400

2 526 345

4 %

Coking coal concentrate, including:

1 826 920

1 973 849

(7) %

1 826 920

1 795 760

2 %

Vorkutaugol

1 335 369

1 467 024

(9) %

1 335 369

1 209 918

10 %

PBS Coals

491 552

506 826

(3) %

491 552

585 842

(16) %

Raw coking coal, Vorkutaugol

145 677

146 469

(1) %

145 677

179 312

(19) %

Steam coal, including:

645 803

723 524

(11) %

645 803

551 274

17 %

Vorkutaugol

617 766

636 041

(3) %

617 766

541 500

14 %

PBS Coals

28 037

87 484

(68) %

28 037

9 774

187 %

Iron ore:

3 513 320

3 767 835

(7) %

3 513 320

3 650 223

(4) %

Iron ore pellets

2 460 285

2 626 264

(6) %

2 460 285

2 549 152

(3) %

Iron ore concentrate

1 053 035

1 141 571

(8) %

1 053 035

1 101 071

(4) %

 

 

Sales volumes, tonnes

Q1 2013

Q4 2012

Change, %

Q1 2013

Q1 2012

Change, %

 

 

 

 

Severstal Russian Steel

Total steel products

2 639 950

2 349 660

12 %

2 639 950

2 625 513

1 %

Semi-finished products

183 554

120 024

53 %

183 554

364 755

(50) %

Rolled products:

2 008 469

1 800 559

12 %

2 008 469

1 865 411

8 %

Hot-rolled coil

1 137 838

933 474

22 %

1 137 838

1 091 127

4 %

Hot-rolled plate

114 891

93 332

23 %

114 891

141 403

(19) %

Cold-rolled coil

335 269

314 751

7 %

335 269

291 865

15 %

Galvanised and metallic coated coil

131 112

149 791

(12) %

131 112

138 718

(5) %

Color coated coil

97 855

83 901

17 %

97 855

69 309

41 %

Long products

191 503

225 309

(15) %

191 503

132 989

44 %

Downstream products:

447 927

429 076

4 %

447 927

395 347

13 %

Metalware products

202 923

187 563

8 %

202 923

179 356

13 %

Large diameter pipes

82 577

77 406

7 %

82 577

77 428

7 %

Other tubes, pipes, formed shapes

162 427

164 107

(1) %

162 427

138 563

17 %

 

 

 

Severstal North America

Rolled products:

1 112 612

967 265

15 %

1 112 612

1 220 549

(9) %

Hot-rolled coil and plate

599 031

522 195

15 %

599 031

695 700

(14) %

Cold-rolled coil

141 325

126 584

12 %

141 325

147 386

(4) %

Galvanised and metallic coated coil

372 256

318 485

17 %

372 256

377 463

(1) %

 

Consolidated Sales (Net of Intercompany Sales)

Coal:

1 830 637

1 914 048

(4) %

1 830 637

1 707 171

7 %

Coking coal concentrate

1 039 157

1 044 122

(0) %

1 039 157

976 585

6 %

Raw coking coal

145 677

146 469

(1) %

145 677

179 312

(19) %

Steam coal

645 803

723 457

(11) %

645 803

551 274

17 %

Iron ore:

1 412 719

1 613 103

(12) %

1 412 719

1 201 113

18 %

Iron ore pellets

1 412 719

1 613 103

(12) %

1 412 719

1 201 113

18 %

Semi-finished products

123 542

79 355

56 %

123 542

325 492

(62) %

Rolled products:

3 113 952

2 763 855

13 %

3 113 952

3 036 203

3 %

Hot-rolled coil

1 733 670

1 455 627

19 %

1 733 670

1 739 575

(0) %

Hot-rolled plate

114 891

93 332

23 %

114 891

141 403

(19) %

Cold-rolled coil

476 593

441 335

8 %

476 593

439 251

9 %

Galvanised and metallic coated coil

503 368

468 277

7 %

503 368

516 181

(2) %

Color coated coil

97 855

83 901

17 %

97 855

69 309

41 %

Long products

187 575

221 383

(15) %

187 575

130 483

44 %

Downstream products:

446 970

427 511

5 %

446 970

394 706

13 %

Metalware products

202 608

187 273

8 %

202 608

178 715

13 %

Large diameter pipes

81 936

76 169

8 %

81 936

77 428

6 %

Other tubes, pipes, formed shapes

162 427

164 069

(1) %

162 427

138 563

17 %

 

 

 

AVERAGE SELLING PRICES

Sales price, $/tonne

Q1 2013

Q4 2012

Change, %

Q1 2013

Q1 2012

Change, %

 

Severstal Resources

Coking coal concentrate, Vorkutaugol

117

118

(1) %

117

166

(29) %

Coking coal concentrate, PBS Coals

116

134

(14) %

116

152

(24) %

Raw coking coal, Vorkutaugol

52

57

(9) %

52

75

(31) %

Steam coal, Vorkutaugol

40

40

(0) %

40

37

6 %

Steam coal, PBS Coals

58

58

(1) %

58

70

(18) %

Iron ore pellets

110

90

22 %

110

118

(6) %

Iron ore concentrate

80

63

27 %

80

88

(8) %

 

Severstal Russian Steel

Semi-finished products

429

405

6 %

429

495

(13) %

Hot-rolled coil and plate

566

582

(3) %

566

654

(13) %

Cold-rolled coil

630

668

(6) %

630

757

(17) %

Galvanised and metallic coated coil

860

893

(4) %

860

959

(10) %

Color coated coil

1 047

1 071

(2) %

1 047

1 188

(12) %

Long products

619

660

(6) %

619

690

(10) %

Metalware products

1 121

1 203

(7) %

1 121

1 222

(8) %

Large diameter pipes

1 600

1 834

(13) %

1 600

1 990

(20) %

Other tubes, pipes, formed shapes

719

742

(3) %

719

795

(10) %

 

Severstal North America

Rolled products

808

813

(1) %

808

869

(7) %

 

 

Notes: 1) All production data is reported in metric tonnes; 2) Segmental data includes intercompany sales; 3) Semi-finished products include pig iron, slabs, billets, ingots, steel casting and forgings; 4) Metalware sales volumes and metalware average selling prices include Severstal Metiz, Cherepovets Steel Mill, Severstallat and Severstal Invest data 5) Large diameter pipes include all pipes with a diameter in the range between 820 and 1420 mm.

 

For further information, please contact:

 

Investor Relations

Vladimir Zaluzhsky

T: +7 (495) 926-77-66 ext. 6375

vladimir.zaluzhsky@severstal.com

 

Public Relations

Elena Kovaleva

T: +7 (495) 926-77-66 ext. 6447

elena.kovaleva@severstal.com

***

 

ОАО Severstal is one of the world's leading vertically integrated steel and steel related mining companies, with assets in Russia, the USA, Ukraine, Latvia, Poland, Italy and Liberia. Severstal is listed on MICEX-RTS and the company's GDRs are traded on the LSE. Severstal reported revenue of $14,104 million and EBITDA of $2,119 million in 2012. Severstal's crude steel production in 2012 reached 15.1 million tonnes. www.severstal.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTITMATMBATMRJ
Date   Source Headline
15th Aug 202212:00 pmEQSPAO Severstal: Severstal informs about submission of a notification for automatic conversion of GDRs
11th Aug 20223:40 pmEQSPAO Severstal: ANNOUNCEMENT OF THE RESULTS OF THE CONSENT SOLICITATION
8th Aug 20222:00 pmEQSPAO Severstal: IMPORTANT NOTICE TO NOTEHOLDERS
1st Aug 202212:45 pmEQSPAO Severstal: Notice on Conference Call about Written Resolution issues for the Eurobond 2022
22nd Jul 202212:30 pmEQSPAO Severstal: Severstal announces its intention to cancel the listing of Global Depositary Receipts on the London Stock Exchange
21st Jul 20222:03 pmEQSPAO Severstal: Severstal Q2 2022 and 6m 2022 operational results
13th Jul 202212:00 pmEQSPAO Severstal: IMPORTANT NOTICE TO NOTEHOLDERS
23rd May 20221:05 pmEQSPAO Severstal: Results of the Annual General Meeting of Shareholders
18th May 20222:00 pmEQSPAO Severstal: Severstal obtains permission to maintain its GDR program
29th Apr 20223:34 pmEQSPAO Severstal: Severstal closes the agreement of disposal of Vorkutaugol to Russkaya Energiya
22nd Apr 202212:30 pmEQSPAO Severstal: Information regarding coupon payments
21st Apr 202210:30 amEQSPAO Severstal: Information regarding GDR program
15th Apr 20223:51 pmEQSPAO Severstal: The Board decided to hold the Annual General Meeting of Shareholders of PAO Severstal in absentia
11th Apr 20221:00 pmEQSPAO Severstal: Notification on the Q1 2022 financial results publication
4th Apr 20225:02 pmEQSPAO Severstal: Moody's, Fitch and S&P, withdraw Severstal's rating
1st Apr 202212:00 pmEQSPAO Severstal: Update on the situation regarding the coupon payment for the Eurobond 2024
29th Mar 20222:00 pmEQSPAO Severstal: Update on the situation regarding the coupon payment for the Eurobond 2024
23rd Mar 20222:43 pmEQSPAO Severstal: Update on the situation regarding the coupon payment for the Eurobond 2024
16th Mar 20222:54 pmEQSPAO Severstal: Clarification regarding the coupon payment for the Eurobond 2024
14th Mar 20221:24 pmEQSPAO Severstal: Fitch Ratings downgraded Severstal's credit rating
11th Mar 20221:49 pmEQSPAO Severstal: Moody's downgraded Severstal's credit rating
9th Mar 20228:52 amEQSPAO Severstal: S&P Global Ratings downgraded Severstal's credit rating
5th Mar 20229:30 amEQSPAO Severstal: Fitch Ratings downgraded Severstal's credit rating
3rd Mar 20228:14 amEQSPAO Severstal: Severstal Director resignation
2nd Mar 20224:41 pmRNSSecond Price Monitoring Extn
2nd Mar 20224:37 pmRNSPrice Monitoring Extension
2nd Mar 20221:00 pmEQSPAO Severstal: Severstal comments on the European Council Regulation (EU) 2022/336 as of 28 February 2022
2nd Mar 20221:00 pmEQSPAO Severstal: Severstal makes changes to its geography of sales
1st Mar 20224:41 pmRNSSecond Price Monitoring Extn
1st Mar 20224:36 pmRNSPrice Monitoring Extension
25th Feb 202210:03 amEQSPAO Severstal: Severstal's response to the latest developments in Ukraine
18th Feb 20227:50 amEQSPAO Severstal: Notice of Q4 2021 operational and financial results conference call
18th Feb 20227:40 amEQSPAO Severstal: Severstal publishes 2021 Annual Report
18th Feb 20227:30 amEQSPAO Severstal: Severstal announces 2022 capital investment programme
18th Feb 20227:00 amEQSPAO Severstal: Severstal reports Q4 2021 and 12m 2021 financial and operational results
18th Feb 20227:00 amEQSPAO Severstal: The Board Recommends Q4 2021 Dividend Payment
15th Feb 20229:30 amEQSPAO Severstal: Notice of Q4 2021 operational and financial results
6th Dec 20211:00 pmEQSPAO Severstal: Severstal appoints Citi as Depositary Bank for GDR Programme
6th Dec 202110:10 amEQSPAO Severstal: Results of Extraordinary General Meeting
2nd Dec 202111:27 amEQSPAO Severstal: Severstal agrees to sell Vorkutaugol to Russkaya Energiya
18th Oct 20218:00 amEQSPAO Severstal: Severstal reports Q3 2021 financial and operational results
18th Oct 20218:00 amEQSPAO Severstal: The Board Recommends Q3 2021 Dividend Payment
13th Oct 20219:30 amEQSPAO Severstal: Notice of Q3 2021 operational and financial results
13th Sep 202110:00 amRNSPAO Severstal: Severstal has increased its stake in the JV WRS Towers to 49%, having bought 24.5% from RUSNANO
13th Sep 202110:00 amEQSPAO Severstal: Severstal has increased its stake in the JV WRS Towers to 49%, having bought 24.5% from RUSNANO
13th Sep 202110:00 amEQSPAO Severstal: Severstal has increased its stake in the JV WRS Towers to 49%, having bought 24.5% from RUSNANO
13th Sep 202110:00 amEQSPAO Severstal: Severstal has increased its stake in the JV WRS Towers to 49%, having bought 24.5% from RUSNANO
13th Sep 20219:00 amRNSPAO Severstal: Severstal has increased its stake in the JV WRS Towers to 49%, having bought 24.5% from RUSNANO
13th Sep 20219:00 amEQSPAO Severstal: Severstal has increased its stake in the JV WRS Towers to 49%, having bought 24.5% from RUSNANO
23rd Aug 202110:23 amEQSPAO Severstal: Results of Extraordinary General Meeting

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.