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13 Jul
15:38

NLMK ramps up Q2 output, sales

NLMK’s second quarter and half-year steel output and sales increased on the back of high demand in both domestic and export markets amid the post-Covid-19 pandemic recovery and completed upgrades at its Russian production facilities, the company says. Consolidated Q2 crude steel output rose 5% on-quarter and 19% on-year to 4.6 million tonnes, with sales rising 11% on-quarter but falling 1% on-year to 4.3mt. The quarterly sales increase is due to Ru…
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