In Q3 Magnitogorsk Iron and Steel Works produced 3.17 million tons of steel, on the level of Q2. Steel smelting capacities were 88% loaded.
Sales dropped by 4.7% to 2.86 million tons due to the sales increase within the group. VAT-products output decreased by 8.3% to 1.3 million tons.
In January-September MMK produced 9.38 million tons of steel, up by 0.5% YoY. Capacities loading increased by 3%, to 89%. Sales totaled 8.5 million tons (on the last year level). (Ukrainian metal)
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