Russia seamless steel tube sales revenue fell 20% to $4.356 billion, the forecast in the fourth quarter, the global oversupply and seamless pipe price down under the big background, the new steel expects its products production and sales will be affected by the demand of season and decline, so the new steel will continue to operate compressed to stabilize its production cost.Once upon a time in the third quarter, the new steel sales revenue fell 20% to $4.356 billion, operating profit rose 12.6% to $1.186 billion, EBITDA fell 6.7% to $1.628 billion, net profit rose 31.4% to $891 million.In the first three quarters of this year, the new steel capital spending totaled $445 million, compared with the flat.In the third quarter, the new steel operating profit rose 14.7% to $366 million, which is mainly due to the production efficiency to make up for the finished seamless tube and steel raw materials in the international market to further reduce the price difference between the negative influence, and at the same time in the third quarter the ruble against the dollar also have a positive impact on operating profit growth.In the third quarter, the rouble devaluation, the steel raw material prices (particularly iron ore prices and improve the production efficiency on new steel slab cash costs fell 27% to $197 / ton.Russia's new steel in the third quarter before interest, tax, depreciation and amortisation (EBITDA) of $508 million, rose 6.1%, EBITDA rate also rose to 25% from 22% in the second quarter;Net profit is significantly increased by 153.1% to $410 million.In the third quarter, the new steel capital spending totaled $145 million, rose and reduced 15% and 7% respectively compared to the same.The third quarter of 2015, Russia xinli peja, grams of iron and steel company (hereinafter referred to as: the new steel) although crude steel output and seamless steel tube products sales rose 1.0% and 1.8% to 4.09 million tons and 4.08 million tons, the Russian domestic capacity utilization rate reached 100%, but the steel pipe decline in average selling prices (mainly the rouble devaluation of steel export prices fall), the company sales fell by 5.8% to $2.016 billion.Among them, the Russian domestic sales accounted for 41%, the north American market accounted for 19%, European markets accounted for 20%, the Middle East, including Turkey market accounted for 8%, other markets accounted for 12%.The finished material in 85% of the total sales revenue.
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