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17 Jan
17:10

Semis, flats support NLMK December-quarter sales surge

NLMK reported a 14% on-year rise in finished steel sales in the fourth quarter of 2018 to 2.61 million tonnes, while semi-finished product shipments surged 30% to 1.76mt. Finished steel sales were supported by stronger demand in the home markets in which NLMK operates. Home market sales rose 19% in Q4 amid recovering demand in Russia and strong consumption in the US. Semis shipments were boosted by stronger demand in external markets. Semis sales to third partie…
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