Evraz in the first quarter of 2013 increased the production of metal products by 11 percent

The largest Russian Mining and Metallurgical Group of Companies of Evraz Eleztil production of steel and metal rolling in the first quarter of 2013 by 11 percent compared to the last quarter of 2012. Significant growth has been achieved due to the reduction of downtime at the steel factories of the company. This is stated in the eraz published on Friday for the specified period.

The volume of production of metal products in the first quarter reached 4 million 68 thousand tons, which is 6 percent less than in the first quarter of 2012. The release of cast iron increased by 2.2 percent compared to the previous quarter - up to 3 million 153 thousand tons, which in turn is 3.4 percent more than in January - March last year.

The total production of iron ore raw materials in the Euras mining division almost did not change and amounted to 5 million 200 thousand tons of iron ore. At the same time, the extraction of ordinary coking coal increased by 9 percent due to the growth of production on Yuzhkuzbassugl by 14 percent, and at the Razdadskaya mine by 3 percent. Additionally, in February 2013, the Yerunakovskaya-VIII mine was commissioned, the full design capacity of which is 2 million 500 thousand tons of coking coal per year.

As indicated in the Euras report, the average sales prices of most main groups of products compared to the fourth quarter of last year have somewhat increased or remained unchanged.