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25 Jul
16:53

NLMK cuts second-quarter output, sales

NLMK’s second-quarter steel output and sales declined on the back of lower demand in key markets and limited export opportunities, along with lower home markets requirements, Kallanish notes. First-half-of-2022 output declined also, but sales grew amid an increase in demand for semi-finished products in exports markets in the first quarter, the company says. Consolidated Q2 crude steel output fell 2% on-quarter and 4% on-year to 4.4 million t…
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