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15 Apr
17:15

NLMK USA sees 9% volume increase in Q1

NLMK’s US business unit saw sales volume tick up by 9% on year and 19% on quarter in the first quarter due to a broad-based demand increase for flat-rolled steel, Kallanish learns from the company’s earnings review. NLMK USA saw sales increase to 601,000 tonnes in Q1, up 9% from Q1 2018 and 19% from Q4 2018. Hot-rolled volumes increased 3% on year and 22% on quarter, while cold-rolled volumes decreased -6% on year and rose 20% on quarter. Hot-d…
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