Ferroalloys segment's revenue from external customers in the 3Q 2011 amounted to USD 103.7 million or 3.2% of the consolidated net revenue, a decrease of 21.1% compared with the segment's revenue from external customers of USD 131.5 million or 3.8% of the consolidated net revenue in 2Q 2011.
In 3Q 2011, the operating loss in the ferroalloys segment totaled USD 19.8 million or 12.1% of total segment's revenue, increasing by 1,720.9% versus operating loss of USD 1.1 million or 0.5% of total segment's revenue, in 2Q 2011. The adjusted EBITDA in the ferroalloys segment in 3Q 2011 decreased by 85.5% and amounted USD 2.8 million, compared to segment's adjusted EBITDA of USD 19.2 million in 2Q 2011. The adjusted EBITDA margin of the ferroalloys segment comprised 1.7% in 3Q 2011 compared to the adjusted EBITDA margin of 9.5% in 2Q 2011. Ferroalloys segment's depreciation, depletion and amortization in 3Q 2011 were USD 22.4 million, an increase of 3.2% over USD 21.7 million in 2Q 2011.
| Q2 '11 | Q2 '11 | Change | |
| Revenue from external customers | 103713 | 131519 | -21.1 |
| Intersegment sales | 59829 | 70.7 | -15.4 |
| Operating loss | -19757 | -1085 | 1720.9 |
| Net loss attributable to shareholders of Mechel OAO | -9.691 | -20499 | 52.7 |
| Adjusted EBITDA | 2781 | 19217 | -85.5 |
| Adjusted EBITDA margin | 1.7% | 9.5% | - |
In '000 USD
