In January-March Evraz Dniepropetrovsk Iron and Steel Works named after Petrovsky decreased steel semi-finished products (billets) output, at the same time increasing rolled metal (structural steel) output. According to the company statement, this has to do with the market demand.
Semi-finished products output fell by 25.2% QoQ, to 133 thousand tons, up by 28.3% YoY, while rolled metal manufacture went up by 28.1% QoQ, to 89 thousand tons, down by 3.8% YoY.
Carbon steel smelting dropped by 2.7% QoQ, to 269 thousand tons, down by 15.5% YoY, pig iron output decreased by 0.5% QoQ, to 263 thousand tons, up by 11.4% YoY.
In Q1 DMZ produced 93 thousand tons of coke, down by 55.1% YoY and 31.3% QoQ due to the low local demand.
Average price of coke was $117 per ton EXW, down from $141 in Q4 2015, that of pig iron – $168 against $195, of steel semis – $211 from $223, and of structural steel – $312 from $352. (Ukrainian metal)
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