According to ALMK's CEO, the mill should gradually increase its monthly crude steel output from 300,000 tonne presently to 420,000 tonne by September 11th 2011 implying full utilization.

He also mentioned that the increase will not involve the re commissioning of inefficient OHFs, which were shut down in November 10th 2011.

Millennium Capital analyst said “The news is POSITIVE for ALMK, as higher utilization would mean higher sales and lower unit costs that will likely result in improved margins for the company. The announced plans are in line with our expectations. Importantly, the management is confident that the planned production hike can be sufficiently supported by working capital and raw materials, the key areas of concern.”

(Sourced from www.mcapital.com.ua)