Coke producers increase output 9.9% yoy in 1H08
4 August 2008
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Company, ths mt 1H07 1H08 Chg, %
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Avdiyivka Coke (AVDK: BUY) 1,700 2,365 39.1
Alchevsk Coke (ALKZ: BUY) 1,554 1,850 19.0
ZaporizhCoke (ZACO: HOLD) 936 920 -1.7
Yasynivsky Coke (YASK: BUY) 871 834 -4.2
Bagliy Coke (BKOK: BUY) 351 375 6.8
Dniprodzerzhinsk Coke (DZKZ: N/R) 341 362 6.2
Others 5,000 5,079 1.6
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Total 10,147 11,154 9.9
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Source: Metal Expert
Andriy Gerus: We stick to our bullishview on Avdiyivka, Bagliy Coke and Yasynivsky Coke. Yasynivsky Coke decreased its production through modernization of coke battery #3. In May YASK started construction of its coke battery #5, which will be launched in April 2009. This battery will increase the plant’s capacity by 30%.
