Coke Group: production results for Q1 2014

In Q1 2014, the Coke Group increased coal and coke and cast iron production. The growth in coal production is connected with the effective work of the Butovskaya mine and the Koksovy Uchastok pit. Coal concentrate production increased by 5% in connection with growth in the volume of contracted operations for trade coal processing. Coke production increased in Q1 2014 versus Q1 2013 due to growth in demand as a result of considerable improving of quality of Coke JSC products. In the end of 2012 the enterprise completed upgrading of the capacities for coal storing and charge material preparing, and due to the situation at the market it optimized the composition of purchased coal sorts that provided considerable growth of the basic level of coke hot durability. Iron ore concentrate production remained unchanged. The capacities of KMAruda Combine JSC are fully loaded. The enterprise gradually improves production efficiency. Cast iron production at Tulachermet increased by 2%. Premium cast iron sorts shared 27% that was much higher than in Q1 2013 when it was slightly more than 12% of total production.