15
Apr
13:27
NLMK's first-quarter output, sales recover on finished upgrades
NLMK Group's steel output and sales increased in the first quarter on-quarter and on-year. The company completed the first stage of major iron- and steelmaking equipment modernisation at its flagship Russian Lipetsk site.
NLMK's consolidated output of crude steel rose 11% on-quarter and 1% on-year to 4.17 million tonnes. Capacity utilisation rose by 4 percentage points on-quarter to 93%, although it was still -3p.p. down on-year. Consolidated sales rose 8%…
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Anonymous
Very good overview of the weekly steel market.
Anonymous