|
HVL
HVL
HVL - Highveld - Fourth Quarter Ending 31 December 2009 Operational Results
HIGHVELD STEEL AND VANADIUM CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1960/001900/06)
Share code: HVL & ISIN: ZAE000003422
("Highveld")
FOURTH QUARTER ENDING 31 DECEMBER 2009 OPERATIONAL RESULTS
Following the practice of the holding company, Evraz Group S.A., to release
quarterly operational information, Highveld hereby releases its results as
follows:
PRODUCTION VOLUMES
Unit of Fourth Fourth Fourth Third Fourth
measure Quarter Quarter Quarter Quarter Quarter
2009 2008 2009 2009 2009
versus versus
Fourth Third
Quarter Quarter
2008 % 2009 %
change change
Steel segment
Hot metal Tons 202,441 154,011 31.4 187,091 8.2
Continuously Tons 206,084 168,554 22.3 197,048 4.6
cast blocks
Blocks and Tons - - 100.0 3,117 (100.0)
slabs for sale
Sections Tons 68,398 61,301 11.6 55,271 23.8
Plates Tons 53,495 46,143 15.9 43,627 22.6
Coil Tons 53,398 27,969 90.9 54,792 (2.5)
Vanadium slag Kg V2O5 3,957,405 3,323,193 19.1 2,958,633 33.8
Internal Kg V2O5 3,147,006 3,012,285 4.5 2,958,633 6.4
consumption
Fines ore Tons 166,189 130,225 27.6 142,625 16.5
(note 1)
Vanadium
segment
Ferrovanadium Kg V 1,393,947 1,122,012 24.2 1,240,530 12.4
(note 1)
AVERAGE
SELLING PRICES
Unit of Fourth Fourth Fourth Third Fourth
measure Quarter Quarter Quarter Quarter Quarter
2009 2008 2009 2009 2009
versus versus
Fourth Third
Quarter Quarter
2008 % 2009 %
change change
Steel segment
Total Steel $/ton 725 914 (20.7) 694 4.5
Vanadium slag $/Kg 6 13 (53.8) n/a 100.0
V2O5
Fines ore $/ton 14 42 (66.7) 36 (61.1)
(note 1)
Vanadium
segment
Ferrovanadium $/Kg V 23 44 (47.7) 26 (11.5)
(note 1)
Average R/$ 7.51 9.96 (24.6) 7.83 (4.1)
exchange rate
Note:
1) External production of fines ore are only reported from 30 August 2008,
following the disposal of the Vanchem division. Previously all fines production
was consumed internally. Ferrovanadium produced by Vanchem in the prior years
are excluded in order to achieve comparability.
2) All prices quoted are delivered prices.
18 January 2010
Sponsor:
J.P. Morgan Equities Limited
Date: 18/01/2010 15:30:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
