SSPU JSC (Kazakhstan) reported on March results and first quarter of 2005
05.04.05 11:08
/IRBIS, Natalya Kouznetsova, April 5, 05/ - Sokolovskoe -Sarbayskoe
production unit" (SSPU JSC, Roudnyi, Kostanai oblast.) with shares included in
official securities list of Kazakhstan Stock Exchange (KASE) relased the
announcement saying that in March of the current year the Company boosted the
ore and marketable commodity production compared to corresponding period of
the last year.
The announcement states that in March of the current year miners produced and
refined cured metal ore for a total of 3,074 th tons which is 3.7 pct up from
previous year's same period result. Beginning from the year, the Company led
out 9,095 th tons from its sites (11.4% up from 2004 first quarter result),
over 9.0 m tons were processed (11.3 percent increase).
Beginning from the year-start the Unit produced 3.8 m tons of marketable
ironore products including fluxed pellets 2.3 m tons, 9.8% percent up from
similar period of 2004. The production of marketable ore totaled 1,262 th tons
or 100.2% quarter-on-quarter.
Delivery of finished produce to customers for the last three months totaled
3,093 th tons (3.5 % increase). In March 1,256 th tons were shipped to
customers (4.1% to similar period of 2004).
Main customers of SSPU's output include Magnitogorsk metallurgical plant OJSC,
Tchelyabinck metallurgical plant OJSC (Russia), Kazakhstan-based Mittal Steel
Temirtau JSC as well as Chinese operators.
[2005-04-05]