The leading enterprises in the metallurgical industry are holdings: EVRAZ, MMK, Severstal, NLMK, Metalloinvest. The report on the performance of the companies can always be found on the Metallobazy.ru site. It provides quarterly overviews of steel production.
The constant development of technologies in this industry ensures the stability of enterprises in the market, reduces the cost and competitiveness of products.
Holdings
EVRAZ is a global mining and metallurgical company. It is included in the TOP 30 steel producers in the world. It produces rails, beams, construction products. It is a leader in the production of coking coal.
NLMK Group is an international manufacturer of high quality steel. The company's production facilities are located in Russia, Europe and the USA. Products are supplied to more than 70 countries around the world. The holding has a wide range of rolled products: cold-rolled, hot-rolled, polymer and zinc coated steel.
Metalloinvest is a leader in HBI production. The world's second largest mining company in terms of ore reserves. Proven reserves guarantee production for 150 years to come.
MMK Group is a leader among ferrous metallurgy enterprises. Has a closed production cycle, starting with the preparation of raw materials and deep processing of ferrous metals.
PAO Severstal is a mining and metallurgical company with major assets in Russia and a small number of enterprises abroad.
Benchmarking
Comparison of the holdings' financial performance according to the report for the 2nd quarter of 2019 showed that the first place in steel production was taken by the NLMK Group with a production volume of $ 2.8 billion. The lowest figures are for the holding "Metalloinvest". Its production volume amounted to $ 1.7 billion.
As is typical for all companies, they have lost everything in profits. NLMK's profit fell by 10%. Although the Metalloinvest holding is in last place in terms of production, its profit amounted to $ 481 million, which is 1.7 times more than the profit of the MMK Group, which is in fourth place in terms of production - $ 272 million.
The increase in steel production amounted to: EVRAZ-0.7%, MMK-2%, Severstal-1.8%.
Influencing factors
The main factors affecting the financial performance of holdings are raw material prices. So the price of coal at the world price for the year increased by 6.9%, while in Russia this figure was 1.4%.
Quarterly ore prices climbed 23%. Five holdings are coping with this situation, as they have their own iron ore mining.
Thanks to protectionist measures, i.e. restricting the export of scrap metal, its prices automatically decreased by 8-12%, which gave additional
