31
Oct
10:42
NLMK expects slower fourth quarter in Russian market
Russian steelmaker, NLMK expects slower buying activity and fairly stable local prices in Russia due to low imports in Q4, the company tells Kallanish.
NLMK expects Q4 results to soften sequentially into a low season but profitability is expected to improve on a year-on-year basis. The situation in the Russian market is seasonally slower buying activity and fairly stable local prices due to low imports.
In the last quarter of 2016 NLMK’s capacity …
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Anonymous
Very good overview of the weekly steel market.
Anonymous