keywords :
1. In Q1 2014 sales of finished products decreased by 14.9% QoQ to 149,000 tonnes.
2. The fall in sales volumes was due to a temporary decline in steel products purchases by traders, waiting for the end of election, as well as significant fluctuations in the local currency exchange rate.
3. Political stabilization and the beginning of construction season are likely to support a recovery in sales volumes, which are expected to reach planned levels by the end of the year.
| Output | Q1’14 | Q4’13 |
QoQ |
| ??? Metalurji finished products, of which: | 149 | 175 |
-15.00% |
| Flat hot-rolled products | 12 | 16 |
-24.00% |
| HVA products, of which: | 137 | 159 |
-14.00% |
| Galvanised steel | 92 | 80 |
15.00% |
| Colour-coated steel | 45 | 79 |
-43.00% |
| ??? Metalurji finished output from MMK steel | 54 | 53 |
2.00% |
In ‘000 tonnes