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27 Jan
00:00

NLMK USA sales down in Q4, but seasonal recovery supports EU shipments

NLMK USA saw finished product sales decline -9% in the fourth quarter of 2014 versus Q3 to 483,000 tonnes due to weaker demand compared to the high Q3 base, Kallanish learns from Russian parent NLMK. The declines in hot and cold rolled coil sales of -12.5% and -17.4% respectively were partially offset by an 18.7% increase in hot-dip galvanised coil shipments. Although overall sales declined in Q4 versus Q3, they increased 7.6% year-on-year thanks to the impr…
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