22
Apr
15:38
NLMK's first-quarter earnings rise despite lower sales
NLMK Group expects its second-quarter performance to be positively affected by seasonal demand recovery in the Russian market, sales of accumulated Q1 stocks and the ongoing high prices for steel products.
Completion of major overhauls of the hot-end operations at the principal Lipetsk site will ensure higher production volumes to satisfy continuously firm demand, the company says.
NLMK's consolidated sales volumes declined in Q1 by 7% on-quarter and 13% on-…
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Anonymous
Very good overview of the weekly steel market.
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