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Crude Steel Output Data Released:

Crude Steel Output Data Released:

23 August 2008

Crude steel output data released:

Company 

                              Jan-Jul 2005              Chng, %

MMKI                            4.0                     -0.5%

KRST                            3.9                    -7.4%

AZST                            3.4                     7.5%

ZPST                             2.5                  -0.2%

ALMK                            2.2                   -1.8%

DMK Dzerzhynskogo      1.5                    -8.2%

DMZ Petrovskogo           0.7                   -0.4%

Dniprospetsstal              0.3                    6.9%

 

Concorde Capital: Azovstal (AZST: SELL) successfully competes on foreign markets: almost all incremental output is exported. The company also raised sales by 1-2% on the domestic market owing to increased purchases by Ukrzaliznytsia. Dniprospetsstal slowed down its growth rate more than two times compared to 1Q05, following lower demand.

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