19
Jan
16:10
NLMK Q4 shipments rise despite Russia slump
NLMK’s consolidated finished product sales grew 6% on-year in the fourth quarter of 2016 to 2.25 million tonnes, driven by a 43% surge in long product sales to 539,000t, Kallanish learns from the Russian steelmaker.
Consolidated sales in home markets climbed 3% on-year in Q4 to 2.42mt, despite a -3% dip in Russian sales to 1.36mt due to a seasonal demand decline. NLMK’s international divisions increased sales in their home European and US markets.
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Anonymous
Very good overview of the weekly steel market.
Anonymous