IMH 2Q & 1H 2017 operational results
Industrial Metallurgical Holding (IMH), one of the world's largest exporters of merchant pig iron and the leading producer of merchant coke in Russia, reports its operational results for 2Q and 1H 2017.
Key operational results:
|
Production, '000 tonnes |
1H |
1H |
Change, % |
2Q |
1Q |
Change, % |
|
Coal |
1 147 |
925 |
24 |
605 |
542 |
12 |
|
Coal concentrate |
1 259 |
1 249 |
1 |
615 |
644 |
(4) |
|
Coke (6% moisture content) |
1 338 |
1 388 |
(3) |
670 |
668 |
0 |
|
Iron ore |
2 581 |
2 515 |
3 |
1 294 |
1 287 |
0 |
|
Iron ore concentrate |
1 130 |
1 122 |
1 |
569 |
561 |
1 |
|
Pig iron |
1 163 |
1 129 |
3 |
590 |
573 |
3 |
Key results for the 1H 2017 compared to 1H 2016:
In 1H 2017 IMH increased total coking coal mining by 24% to 1.15 mt. compared to 0,92 mt. in 1H 2016. Increase was achieved due to production start at the 1st stage of Tikhova and 2nd stage of Butovskaya coal mines. Aggregate capacity of these two mines is 3.4 mt. of coking coal per annum.
Coal concentrate production at Berezovskaya washing plant totaled to 1.26 mt. that is 10 kt. higher than in 1H 2016.
Production of 6% moisture content coke at Koks slightly decreased compared to the same period of last year and totaled to 1.34 mt.
Iron ore mining at Korobki Deposit in 1H 2017 increased by 3% to 2.58 mt. compared to 2.51 mt. in 1H 2016. Iron ore concentrate production by KMAruda remained stable at 1.13 mt. (+1% y/y).
Tulachermet produced 1.16 mt. of pig iron in 1H 2017 that is 3% higher than in 1H 2016.
