15
Jul
12:05
NLMK’s second-quarter output falls, sales rise on-year
NLMK’s steel output and sales were impacted in the second quarter by declining demand in its traditional sales markets due to the Covid-19 pandemic, the company says.
Consolidated output of crude steel decreased to 3.9 million tonnes, down by -8% on-quarter and -3% on-year, Kallanish notes. This was due to lower capacity utilisation rates at NLMK Russia Long Products and NLMK USA.
Towards the end of the quarter capacity utilisation in the longs segment bega…
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Anonymous
Very good overview of the weekly steel market.
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