Sukha Balka Production Continues Downward Trend In 3Q

Sukha Balka Iron Ore’s (SUBA: BUY) produced 2.3 mln mt tons of sintering ore in 9M, down 7.1% yoy. In 3Q SUBA’s production declined further, to 7.5% yoy.  

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                   9M06  Chg,yoy     1H06  Chg,yoy     3Q06  Chg,yoy

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(in mln mt)                                                        

Sintering ore     2.255    -7.1%    1.502    -6.9%    0.753    -7.5%

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