Severstal reports Q2 2019 operational results
PAO Severstal (SVST) Severstal reports Q2 2019 operational results Moscow, Russia - 12 July 2019 - PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world's leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q2 2019. Q2 2019 GROUP HIGHLIGHTS
H1 2019 GROUP HIGHLIGHTS
SUMMARY OF KEY PRODUCTION, SALES VOLUMES
SEVERSTAL'S CONSOLIDATED SALES (NET OF INTERCOMPANY SALES)
SEVERSTAL RESOURCES
SEVERSTAL RUSSIAN STEEL ('RSD')
Q2 & H1 2019 ESG (ENVIRONMENTAL, SOCIAL, GOVERNANCE) HIGHLIGHTS
Notes to this section:
* LTIFR refers to Lost Time Injury Frequency Rate of Severstal staff, the number of lost time injuries occurring in a workplace per one million hours worked.
** Emissions data is calculated in accordance with Russian regulations and is reported to the relevant Russian authorities on an annual basis and reviewed by them.
***Minor changes in data for H1 2018 took place due to changes in scope: starting in 2019, the scope included the following Severstal Group subsidiaries: Severstal Steel Solutions, Severstal Distribution, Severstal Vtorchermet, Severstal Airlines, Severstal-SMC-Vsevolozhsk, Severstal TPZ Sheksna and Yakovlevsky Mine
**** Steel production at Cherepovets Steel Mill and Severstal Long Product Mill Balakovo.
1) All production data is reported in thousands of tonnes; 2) Sales prices are stated on EXW basis; 3) Segmental data includes intercompany sales; 4) Semi-finished products include pig iron, slabs, billets, ingots, steel casting and forgings; 5) Large diameter pipes include all pipes with a diameter between 820 and 1420 mm.
Investor Relations Evgeny Belov T: +7 (495) 926-77-66 ext. 6445
Public Relations Anastasia Mishanina T: +7 (495) 926-77-66 ext. 6457
Severstal's financial communications agency - Hudson Sandler Andrew Leach / Emily Dillon T: +44 (0) 20 7796 4133
PАО Severstal is one of the world's leading vertically-integrated steel and steel related mining companies, with assets in Russia, Latvia and Poland. Severstal is listed on RTS and MICEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $8,580 million and EBITDA of $3,142 million in 2018. Severstal's crude steel production in 2018 reached 12.0 million tonnes. www.severstal.com
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ISIN: | US8181503025 |
Category Code: | TST |
TIDM: | SVST |
LEI Code: | 213800OKDPTV6K4ONO53 |
Sequence No.: | 13221 |
EQS News ID: | 840393 |
End of Announcement | EQS News Service |
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