04
May
01:00
Import competition puts pressure on NLMK USA's sales
NLMK USA’s first-quarter finished steel sales of 428,000 tonnes were down 11% from the previous quarter and 6% from a year ago, as competition from imports persisted, Kallanish learns from NLMK’s earnings report. The company is expected to post stable operating results in Q2, despite persisting pressure from flat-rolled imports.
Hot rolled sales of 222,000t were down 18% from 273,000t in Q4 2014 and down 12% from Q1 2014. Galvanized ste…
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Anonymous
Very good overview of the weekly steel market.
Anonymous