20
Jan
16:29
NLMK ramps up 2021 output but cuts sales
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In 2021 NLMK increased output of crude steel by 10% on-year to 17.4 million tonnes. However, consolidated sales fell 4% to 16.8mt amid a renewal of slab sales to NLMK USA and lower commercial pig iron sales resulting from higher steel production, NLMK says in a statement sent to Kallanish.
Steel output increased on the back of basic oxygen and blast furnace upgrades at the principal Lipetsk site and higher output at the Russian Long products and NLMK USA…
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