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12 Oct
15:18

NLMK output, sales rise in third quarter

NLMK’s steel output and sales increased in the third quarter, and sales grew in the first nine months of the year, as demand started to recover in some regions after Covid-19 restrictions were lifted. NLMK's consolidated output of crude steel in Q3 totalled 3.9 million tonnes, 3% up on-year and flat on-quarter. Sales grew 11% on-year to 4.4mt, on the back of higher merchant pig iron export volumes to the US, China and Turkey, and 2% on-quarter, as the sh…
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