b) Ongoing projects refer to projects for which construction has begun (excluding various projects that are under development), or have been placed on hold pending improved operating conditions.
Analysis of segment operations
Flat Carbon Americas
|(USDm) unless otherwise shown||2Q 12||1Q 12||2Q 11||1H 12||1H 11|
|Crude steel production (Mt)||6,014||6,249||6,277||12,263||12,340|
|Steel shipments (Mt)||5,735||5,672||5,520||11,407||11,083|
|Average steel selling price (US$/t)||881||886||961||883||895|
|Operating income /tonne (US$/t)||43||72||126||57||91|
Flat Carbon Americas crude steel production decreased by 3.8% to 6.0 million tonnes for 2Q 2012, as compared to 6.2 million tonnes for 1Q 2012, driven primarily by lower production in South America following scheduled maintenance.
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