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17 May
14:36

NLMK sees increased iron ore shipments in Q2

NLMK expects its second-quarter performance to be boosted by the increasing trend in prices seen since the end of Q1. The Russian steelmaker also foresees increased external iron ore shipments in Q2 on the back of higher raw materials prices, and growth in inventory sales, it says in a report sent to Kallanish. The firm’s Russian Flat Products unit – which includes slab – posted a 3% on-year increase in external sales in Q1 to 2.46 million tonn…
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