鐵貨(01029.HK):第三季K&S產量較上一季增長3.9%
格隆匯11月8日丨鐵貨(01029.HK)發佈公吿,2022年第三季,K&S產量較上一季增長3.9%;銷量下降6.9%,主要由於俄羅斯跨境鐵路擠塞;及繼續準備Sutara礦牀,目標是於2023年下半年加工Sutara礦石。
2022年第三季,持續的跨境鐵路擠塞繼續影響K&S的貨運。K&S向當地及海運市場進行多元化銷售的緩解措施並不符合經濟效益,並已縮減規模,原因為低鐵礦石市場價格環境令K&S無法抵銷運費上漲及盧布貨幣走強的影響。儘管存在物流限制,礦場仍設法向客户運送64.918萬噸鐵精礦,佔K&S設計產能約82%。K&S保持穩健步伐,生產69.181萬噸高品位鐵精礦,較2022年第二季增長3.9%。K&S於第三季的平均生產率為其設計產能的87.0%。
由於2019冠狀病毒病封城措施及中國房地產市場漸趨疲弱,第三季鐵礦石的需求有所下降。普氏含鐵量65%鐵礦石平均價格按季下降28.0%。由於鋼鐵廠採購更優惠的礦石以維持低生產成本,含鐵量65%鐵礦石與含鐵量62%鐵礦石指數之間的平均價格溢價亦由2022年第二季的23美元下降47.8%至2022年第三季的每噸12美元。
鑑於複雜的外部經營環境及市場挑戰,鐵江現貨於2022年9月與MIC訂立認購協議,據此,MIC同意根據一般授權認購新鐵江現貨股份,為償還部分Gazprombank(股份公司)向K&S提供的貸款融資籌集相當於約1900萬美元的股權,該等貸款融資已由GPB於2022年2月轉讓予MIC。認購事項於2022年10月完成。
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