Anzeige
Mehr »
Login
Samstag, 06.03.2021 Börsentäglich über 12.000 News von 657 internationalen Medien
Bam Bam Resources und die Mega-Kupferlagerstätte in Teslas Hinterhof!
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche

WKN: A0LEJV ISIN: US8181503025 Ticker-Symbol: RTS2 
Tradegate
05.03.21
17:50 Uhr
15,000 Euro
-0,100
-0,66 %
Branche
Eisen/Stahl
Aktienmarkt
Russian D. Index
1-Jahres-Chart
SEVERSTAL PAO GDR Chart 1 Jahr
5-Tage-Chart
SEVERSTAL PAO GDR 5-Tage-Chart
RealtimeGeldBriefZeit
15,00015,30005.03.
15,20015,30005.03.
Dow Jones News
372 Leser
Artikel bewerten:
(2)

Severstal reports Q4 & FY2020 operational results

DJ Severstal reports Q4 & FY2020 operational results

PAO Severstal (SVST) 
Severstal reports Q4 & FY2020 operational results 
21-Jan-2021 / 10:00 MSK 
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 
(MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
 
Severstal reports Q4 & FY2020 operational results 
 
Moscow, Russia - 21 January 2021 - PAO Severstal (MOEX: CHMF; LSE: SVST), one of the world's leading vertically 
integrated steel and steel-related mining companies, today announces its operational results for Q4 and FY2020. 
 
Q4 2020 GROUP HIGHLIGHTS 
  - Hot metal output remained flat q/q in Q4 2020 at 2.40 mln tonnes (Q3 2020: 2.40 mln tonnes). Crude steel production 
    declined by 4% to 2.77 mln tonnes (Q3 2020: 2.89 mln tonnes) due to planned short-term maintenance works at BOF#2. 
  - Consolidated sales of steel products declined 18% q/q to 2.45 mln tonnes in Q4 2020 (Q3 2020: 2.99 mln tonnes), 
    reflecting the high base effect on sales volumes of Q3 2020, along with a higher share of exports with a longer 
    realisation period in the sales mix, and a decline in production q/q. 
 
  - The Company's share of domestic steel shipments was 65% (Q3 2020: 63%). In Q4 2020 Severstal increased its exports 
    share of semi-finished and hot rolled products. 
  - The share of high value-added (HVA) products within the sales portfolio increased to 53% (Q3 2020: 49%). 
  - Sales volumes of coking coal concentrate from Vorkutaugol increased 3% q/q to 1.26 mln tonnes as a result of 1ZH 
    concentrate output growth q/q. 
  - Sales volumes of iron ore pellets increased by 8% to 2.83 mln tonnes (Q3 2020: 2.61 mln tonnes) on the back of 
    growth in iron ore pellet production at Karelsky Okatysh q/q. 
  - Sales volumes of iron ore concentrate declined by 11% to 1.74 mln tonnes (Q3 2020: 1.96 mln tonnes), primarily 
    driven by higher output at the Yakovlevskiy mine, which was offset by lower production at Karelsky Okatysh due to 
    seasonal factors and increased pellet sales. 
  - The weighted average steel selling price of Severstal's product mix rose by 8% q/q in Q4 2020. Severstal 
    anticipates that the positive momentum in steel and raw material prices observed in November and December 2020 will 
    positively impact Q1 2021 results. 
 FY2020 GROUP HIGHLIGHTS 
 
  - Output of hot metal increased 1% y/y in FY2020 to 9.54 mln tonnes (FY2019: 9.49 mln tonnes). Production of crude 
    steel and steel sales volumes both declined 4% y/y due to lower production volumes of EAF steel following the sale 
    of the Balakovo mini-mill in 2019. 
 
  - The share of HVA products increased y/y to 47% in 2020. The share of domestic shipments in 2020 amounted to 60%, 
    which is lower than 2019 levels (FY2019: 65%). This is the result of a deceleration in the domestic demand in 2020 
    and the sale of the Balakovo mini-mill, which primarily served domestic markets. 
 
  - The weighted average steel selling price for 2020 declined by 12%, as a result of adverse pricing dynamics globally 
    y/y. 
  - Iron ore concentrate sales volumes grew 13% y/y to 7.07 mln tonnes (FY2019: 6.26 mln tonnes) driven by output 
    growth at Karelsky Okatysh and the Yakovlevskiy mine y/y. 
  - Coking coal concentrate sales volumes from Vorkutaugol increased 1% y/y. 
SUMMARY OF KEY PRODUCTION, SALES VOLUMES 
 
Production, thousands of tonnes Q4 2020 Q3 2020 Change, %  2020   2019  Change, % 
Crude Steel (Russian Steel)     2,767   2,890   (4%)      11,314 11,847 (4%) 
Hot metal (Russian Steel)       2,398   2,402   0%        9,541  9,486  1% 
Sales volumes, thousands of tonnes     Q4 2020 Q3 2020 Change, %  2020   2019  Change, % 
Coking coal concentrate                1,257   1,218   3%        4,702  4,671  1% 
Iron ore pellets                       2,830   2,613   8%        10,942 11,002 (1%) 
Iron ore concentrate                   1,735   1,960   (11%)     7,068  6,255  13% 
Total steel products (Consolidated)*   2,447   2,989   (18%)     10,736 11,154 (4%) 
Total steel products (Russian Steel)** 2,458   3,003   (18%)     10,781 11,201 (4%) 

* Total steel products sales volumes (Consolidated) have been adjusted by 17 kt for 9M 2020

** Total steel products sales volumes (Russian Steel) have been adjusted by 17 kt for 9M 2020

High value added steel products, % Q4 2020 Q3 2020 Change, %  2020  2019 Change, % 
Severstal (Consolidated)           53%     49%     4 ppts    47%   45%   2 ppts 
Severstal Russian Steel            53%     49%     4 ppts    47%   45%   2 ppts 

SEVERSTAL'S CONSOLIDATED SALES (NET OF INTERCOMPANY SALES)

Sales volumes, thousands of tonnes  Q4 2020 Q3 2020 Change, %  2020  2019 Change, % 
Coal:                               368     344     7%        1,469 1,685 (13%) 
Coking coal concentrate             66      46      43%       281   408   (31%) 
Steam coal                          302     298     1%        1,188 1,277 (7%) 
Iron ore:                           1,494   1,358   10%       6,024 6,960 (13%) 
Iron ore pellets                    1,494   1,355   10%       5,837 5,995 (3%) 
Iron ore concentrate                0       3       n/a       187   965   (81%) 
Semi-finished products              212     97      119%      601   487   23% 
Rolled products:                    1,743   2,366   (26%)     8,363 8,932 (6%) 
Hot - rolled coil *                 816     1,250   (35%)     4,442 4,382 1% 
Hot - rolled plate                  210     244     (14%)     925   957   (3%) 
Cold - rolled coil                  257     253     2%        918   977   (6%) 
Galvanised and metallic coated coil 238     286     (17%)     939   934   1% 
Colour coated coil                  98      162     (40%)     471   448   5% 
Long products                       124     171     (27%)     668   1,234 (46%) 
Downstream products:                492     526     (6%)      1,772 1,735 2% 
Metalware products                  161     145     11%       587   563   4% 
Large diameter pipes                59      85      (31%)     188   383   (51%) 
Other tubes, pipes, formed shapes   272     296     (8%)      997   789   26% 

* Hot - rolled coil sales volumes are adjusted by 17 kt for 9M 2020

SEVERSTAL RESOURCES - Sales volumes of coking coal concentrate from Vorkutaugol increased 3% q/q to 1.26 mln tonnes as a result of higher

output of 1Zh concentrate q/q. - Run of mine coal production at Vorkutaugol decreased by 5% in Q4 2020 vs Q3 2020. - Sales volumes of iron ore pellets increased by 8% to 2.83 mln tonnes (Q3 2020: 2.61 mln tonnes) on the back of

growth in iron ore pellet production at Karelsky Okatysh q/q. - Sales volumes of iron ore concentrate declined by 11% to 1.74 mln tonnes (Q3 2020: 1.96 mln tonnes), primarily

driven by higher output at the Yakovlevskiy mine, which was offset by lower production at Karelsky Okatysh due to

seasonal factors and increased pellet sales.

Sales volumes, thousands of tonnes Q4 2020 Q3 2020 Change, %  2020   2019  Change, % 
Coal:                              1,559   1,516   3%        5,890  5,948  (1%) 
Coking coal concentrate            1,257   1,218   3%        4,702  4,671  1% 
Steam coal                         302     298     1%        1,188  1,277  (7%) 
Iron ore:                          4,565   4,573   0%        18,010 17,257 4% 
Iron ore pellets                   2,830   2,613   8%        10,942 11,002 (1%) 
Iron ore concentrate               1,735   1,960   (11%)     7,068  6,255  13% 

SEVERSTAL RUSSIAN STEEL ('RSD') - RSD sales of steel products declined 18% q/q to 2.46 mln tonnes in Q4 2020 (Q3 2020: 3.00 mln tonnes) reflecting

the high base effect in sales volumes of Q3 2020, a higher share of exports with a longer realisation period and

production decline q/q. - The Company's share of domestic steel shipments amounted to 65% (Q3 2020: 63%). In Q4 2020 Severstal increased its

export share of semi-finished and hot rolled products. - The share of high value-added (HVA) products within the sales portfolio increased to 53% (Q3 2020: 49%). Severstal

increased sales volumes of HVA metalware products by 10% in Q4 2020, which resulted in lower sales volumes of long

products q/q. - LDP sales volumes totalled 59,000 tonnes in Q4 2020 at the Izhora Pipe Mill (ITZ). In response to a contraction in

domestic demand, the Company reallocated a portion of its sales volumes to export destinations in H2 2020.

Severstal expects partial normalisation of oil and gas demand in 2021 and anticipates a recovery in LDP sales

volumes to approximately 400.000 tonnes. - The weighted average selling price for the whole range of steel products in Q4 2020 continued to rise, growing by

8% q/q following an increase of 2% in the previous quarter. This is the result of positive steel pricing dynamics

at export destinations and a higher share of HVA products in the sales mix q/q. Severstal anticipates that the

positive momentum in steel and raw material prices observed in November and December 2020 will positively impact Q1

(MORE TO FOLLOW) Dow Jones Newswires

January 21, 2021 02:01 ET (07:01 GMT)

SEVERSTAL-Aktie komplett kostenlos handeln - auf Smartbroker.de
© 2021 Dow Jones News
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.