25
May
18:00
NLMK sees higher Q2 sales on Russia demand uptick, but margin pressure remains
A seasonal uptick in the Russian market is expected to increase sales at NLMK in the second quarter, Kallanish learns from the company. However, further narrowing of the spread between raw materials and finished product prices is seen putting pressure on financials.
In Q2 the operational and financial results of the long products segment will depend on the pace of traders’ destocking and commencement of new construction projects in the Russia…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous