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27 Jan
00:00

NLMK sees flat on-quarter performance in Q1 after pig iron, slab exports boost Q4 sales

Russia’s NLMK expects first quarter performance to remain stable versus Q4 2014, while steel output in 2015 is seen comparable to the previous year. This comes after the group’s consolidated sales increased 7%, boosted by a 20% increase in exports in Q4 versus Q3, Kallanish learns from the steelmaker. Total Q4 steel sales amounted to 3.85 million tonnes thanks to strong demand in external markets and the delayed recognition of previous period sal…
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