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07 Feb
16:07

NLMK boosts sales, profit, will sell less slab

NLMK Group retains a cautious outlook for first-quarter price dynamics, after a mid-quarter rebound. The company expects further dynamics to depend on raw materials and macro-economic factors, with China's post-winter price rebound being below forecast. European demand is also flat amid economic uncertainty, but supported by import restrictions. Demand in the US is expected to remain firm, NLMK says, on a strong economy. A Russian seasonal demand recovery is…
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