Mittal Steel Kryvy Rig to Increase Domestic Sales by 10% in 2007

According to the company’s (KSTL:BUY) Sales Director, Vladimir Shalimov, next year KSTL is planning to sell 1.5 mln mt of steel on the domestic market. In 9M06, the company’s domestic steel sales were up 4% yoy – to 1.052 bln mt. Andriy Gostik: According to KSTL’s business plan, the company plans to increase its finished steel product sales by 16.2% in 2006, meaning that its export sales will grow faster than domestic sales. We think that in 2007 this tendency will be preserved, with higher-priced exports exhibiting more rapid growth than domestic shipments.