29 Jan 2013 07:11
Severstal reports Q4 and 12 months 2012 operational results
Moscow, Russia - January 29, 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 Q4 and 12 months 2012.
SUMMARY OF KEY PRODUCTION, SALES VOLUMES AND SELLING PRICES DATA
Production, tonnes | Q4 2012 | Q3 2012 | Change, % | 2012 | 2011 | Change, % |
Crude steel (Total output): | 3 584 214 | 3 762 972 | -5% | 15 140 185 | 15 293 407 | -1% |
Russian Steel | 2 542 885 | 2 652 814 | -4% | 10 553 560 | 11 354 746 | -7% |
Severstal North America (SNA) | 1 041 328 | 1 110 158 | -6% | 4 586 626 | 3 938 661 | 16% |
Hot metal (total output): | 2 472 135 | 2 567 491 | -4% | 10 256 881 | 10 543 687 | -3% |
Russian Steel | 2 073 000 | 2 069 100 | 0% | 8 407 000 | 8 815 059 | -5% |
North America | 399 135 | 498 391 | -20% | 1 849 881 | 1 728 628 | 7% |
Sales volumes, tonnes | Q4 2012 | Q3 2012 | Change, % | 2012 | 2011 | Change, % |
Coking coal concentrate | 1 973 849 | 1 927 514 | 2% | 7 513 436 | 7 591 670 | -1% |
Iron ore pellets | 2 626 264 | 2 700 862 | -3% | 10 439 413 | 10 051 406 | 4% |
Iron ore concentrate | 1 141 571 | 1 261 671 | -10% | 4 759 702 | 4 763 870 | 0% |
Total steel products (Consolidated) | 3 270 721 | 3 806 400 | -14% | 14 605 102 | 14 824 074 | -1% |
Total steel products (Russian Steel) | 2 349 660 | 2 731 185 | -14% | 10 295 098 | 11 027 695 | -7% |
Total steel products (SNA) | 967 265 | 1 080 423 | -10% | 4 464 137 | 3 808 552 | 17% |
Average price, $/tonne | Q4 2012 | Q3 2012 | Change, % | 2012 | 2011 | Change, % |
Coking coal concentrate | 122 | 128 | -5% | 137 | 184 | -26% |
Iron ore pellets | 90 | 105 | -14% | 108 | 134 | -19% |
Hot-rolled coil and plate (Russian Steel) | 583 | 586 | -1% | 613 | 732 | -16% |
Rolled products (SNA) | 813 | 817 | -1% | 843 | 862 | -2% |
SALES VOLUMES
| |||||||||||||
Severstal Resources | |||||||||||||
Coal: | 2 843 842 | 2 601 355 | 9% | 10 479 136 | 10 634 866 | -1% | |||||||
Coking coal concentrate, including: | 1 973 849 | 1 927 514 | 2% | 7 513 436 | 7 591 670 | -1% | |||||||
Vorkutaugol | 1 467 024 | 1 427 611 | 3% | 5 267 442 | 5 127 440 | 3% | |||||||
PBS Coals | 506 826 | 499 903 | 1% | 2 245 993 | 2 464 229 | -9% | |||||||
Raw coking coal, Vorkutaugol | 146 469 | 146 667 | 0% | 622 318 | 289 556 | 115% | |||||||
Steam coal, including: | 723 524 | 527 174 | 37% | 2 343 382 | 2 753 640 | -15% | |||||||
Vorkutaugol | 636 041 | 472 486 | 35% | 2 191 132 | 2 028 358 | 8% | |||||||
PBS Coals | 87 484 | 54 688 | 60% | 152 251 | 725 283 | -79% | |||||||
Iron ore: | 3 767 835 | 3 962 533 | -5% | 15 199 116 | 14 815 276 | 3% | |||||||
Iron ore pellets | 2 626 264 | 2 700 862 | -3% | 10 439 413 | 10 051 406 | 4% | |||||||
Iron ore concentrate | 1 141 571 | 1 261 671 | -10% | 4 759 702 | 4 763 870 | 0% | |||||||
Sales volumes, tonnes | Q4 2012 | Q3 2012 | Change, % | 2012 | 2011 | Change, % |
Severstal Russian Steel | ||||||
Total steel products | 2 349 660 | 2 731 185 | -14% | 10 295 098 | 11 027 695 | -7% |
Semi-finished products | 120 024 | 131 891 | -9% | 932 423 | 1 291 844 | -28% |
Rolled products: | 1 800 559 | 2 122 138 | -15% | 7 576 215 | 7 833 030 | -3% |
Hot-rolled coil | 933 474 | 1 087 678 | -14% | 4 041 493 | 3 989 190 | 1% |
Hot-rolled plate | 93 332 | 101 688 | -8% | 440 051 | 625 870 | -30% |
Cold-rolled coil | 314 751 | 381 045 | -17% | 1 291 654 | 1 396 173 | -7% |
Galvanised and metallic coated coil | 149 791 | 171 600 | -13% | 603 903 | 765 083 | -21% |
Color coated coil | 83 901 | 124 440 | -33% | 367 821 | 240 589 | 53% |
Long products | 225 309 | 255 687 | -12% | 831 293 | 816 126 | 2% |
Downstream products: | 429 076 | 477 156 | -10% | 1 786 460 | 1 902 821 | -6% |
Metalware products | 187 563 | 224 697 | -17% | 828 723 | 765 434 | 8% |
Large diameter pipes | 77 406 | 82 046 | -6% | 321 393 | 501 483 | -36% |
Other tubes, pipes, formed shapes | 164 107 | 170 413 | -4% | 636 344 | 635 903 | 0% |
Severstal North America | ||||||
Rolled products: | 967 265 | 1 080 423 | -10% | 4 464 137 | 3 808 552 | 17% |
Hot-rolled coil and plate | 522 195 | 581 346 | -10% | 2 453 535 | 2 063 660 | 19% |
Cold-rolled coil | 126 584 | 132 270 | -4% | 543 132 | 519 385 | 5% |
Galvanised and metallic coated coil | 318 485 | 366 808 | -13% | 1 467 471 | 1 225 507 | 20% |
Consolidated Sales (Net of Intercompany Sales) | ||||||
Coal: | 1 914 048 | 1 724 665 | 11% | 7 039 015 | 7 036 755 | 0% |
Coking coal concentrate | 1 044 122 | 1 050 823 | -1% | 4 073 382 | 3 993 559 | 2% |
Raw coking coal | 146 469 | 146 667 | 0% | 622 318 | 289 556 | 115% |
Steam coal | 723 457 | 527 174 | 37% | 2 343 315 | 2 753 640 | -15% |
Iron ore: | 1 613 103 | 1 792 898 | -10% | 6 190 371 | 5 625 915 | 10% |
Iron ore pellets | 1 613 103 | 1 792 898 | -10% | 6 190 371 | 5 322 831 | 16% |
Semi-finished products | 79 355 | 132 169 | -40% | 852 973 | 1 292 420 | -34% |
Rolled products: | 2 763 855 | 3 198 388 | -14% | 11 971 142 | 11 630 620 | 3% |
Hot-rolled coil | 1 455 627 | 1 668 752 | -13% | 6 438 689 | 6 052 669 | 6% |
Hot-rolled plate | 93 332 | 101 688 | -8% | 439 992 | 625 870 | -30% |
Cold-rolled coil | 441 335 | 513 315 | -14% | 1 834 786 | 1 915 558 | -4% |
Galvanised and metallic coated coil | 468 277 | 538 408 | -13% | 2 071 374 | 1 990 590 | 4% |
Color coated coil | 83 901 | 124 440 | -33% | 367 821 | 240 589 | 53% |
Long products | 221 383 | 251 786 | -12% | 818 480 | 805 345 | 2% |
Downstream products: | 427 511 | 475 843 | -10% | 1 780 987 | 1 901 034 | -6% |
Metalware products | 187 273 | 224 328 | -17% | 826 928 | 763 648 | 8% |
Large diameter pipes | 76 169 | 81 401 | -6% | 318 052 | 501 483 | -37% |
Other tubes, pipes, formed shapes | 164 069 | 170 114 | -4% | 636 007 | 635 903 | 0% |
AVERAGE SELLING PRICES
Sales price, $/tonne | Q4 2012 | Q3 2012 | Change, % | 2012 | 2011 | Change, % |
Severstal Resources | ||||||
Coking coal concentrate, Vorkutaugol | 118 | 123 | -4% | 135 | 193 | -30% |
Coking coal concentrate, PBS Coals | 134 | 143 | -6% | 141 | 166 | -15% |
Raw coking coal, Vorkutaugol | 57 | 63 | -10% | 67 | 139 | -52% |
Steam coal, Vorkutaugol | 40 | 37 | 7% | 38 | 37 | 2% |
Steam coal, PBS Coals | 58 | 56 | 3% | 60 | 66 | -10% |
Iron ore pellets | 90 | 105 | -14% | 108 | 134 | -19% |
Iron ore concentrate | 63 | 77 | -18% | 78 | 95 | -18% |
Severstal Russian Steel | ||||||
Semi-finished products | 405 | 609 | -33% | 530 | 592 | -10% |
Hot-rolled coil and plate | 583 | 586 | -1% | 613 | 732 | -16% |
Cold-rolled coil | 668 | 696 | -4% | 710 | 848 | -16% |
Galvanised and metallic coated coil | 893 | 956 | -7% | 948 | 1 023 | -7% |
Color coated coil | 1 071 | 1 191 | -10% | 1 165 | 1 267 | -8% |
Long products | 660 | 672 | -2% | 669 | 736 | -9% |
Metalware products | 1 203 | 1 131 | 6% | 1 170 | 1 264 | -7% |
Large diameter pipes | 1 834 | 1 609 | 14% | 1 758 | 2 007 | -12% |
Other tubes, pipes, formed shapes | 742 | 736 | 1% | 759 | 868 | -13% |
Severstal North America | ||||||
Rolled products | 813 | 817 | -1% | 843 | 862 | -2% |
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
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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, Liberia and Brazil. Severstal is listed on MICEX-RTS and the company's GDRs are traded on the LSE. Severstal reported revenue of $15,812 million and EBITDA of $3,584 million in 2011. Severstal's crude steel production in 2012 reached 15.1 million tonnes. www.severstal.com