Metalloinvest announced operational results for the second quarter of 2013

Metalloinvest, a leading global iron ore and HBI producer and one of the regional steel producers, today announces its operational results for the second quarter of 2013.

In Q2 2013, Metalloinvest increased iron ore production to 9.7 mn tonnes, a 1.1% increase q-o-q. Pellet production amounted to 5.5 mn tonnes in Q2 2013, a 2.8% decrease q-o-q. In line with annual budget, HBI/DRI production decreased by 6.0% q-o-q to 1.3 mn tonnes in Q2 2013

Iron ore products shipments’ breakdown by region remained largely unchanged in Q2 2013. Russia and the CIS remained the key markets. Shipments to this region amounted to 4.1 mn tonnes, representing 59% of Metalloinvest’s total iron ore products shipments. Europe, China and the rest of Asia accounted for 17%, 11% and 11% of shipments, respectively