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KSTL Increases Finished Steel Production by 13.6% yoy in 10M06

KSTL Increases Finished Steel Production by 13.6% yoy in 10M06

2 November 2008

Mittal Steel Kryvy Rig (KSTL: BUY) increased finished steel production to 5,697 mln mt in 10M06, by 13.6% yoy. Crude steel production was up 9.2% yoy, to 6,257 mln mt, and production of cast iron grew by 9.9% to 9,238 mln mt. The company’s business plan for 2006 calls for a 16% increase in finished steel output, to 7.2 mln mt.

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