13
Oct
11:37
NLMK posts record group sales in third quarter
Russia’s NLMK saw group sales increase in the third quarter by “… a record 7%” to 4.2 million tonnes, Kallanish learns from the steelmaker’s Q3 2016 trading update.
Prices in the Russian market grew by 5-10%, on the back of the seasonal uptick in demand from construction. Average prices in the US grew by 5% quarter-on-quarter largely driven by an increase in raw material prices. In the European market, prices saw a marginal decline…
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Anonymous
Very good overview of the weekly steel market.
Anonymous