14
Jul
19:36
NLMK USA sales hold firm
Russian steelmaker NLMK saw relatively moderate year-on-year sales growth in its US division, Kallanish learns from the company’s second quarter earnings review.
NLMK USA’s steel output fell 15% both on-quarter and on-year to 15,000 tonnes, primarily due to increased slab usage from NLMK Lipetsk.
Sales held firm from Q1 to Q2 at 56,000t, an increase of 7% from Q2 2016.
NLMK attributes the increased usage of slabs from Lipetsk as a method of ens…
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Anonymous
Very good overview of the weekly steel market.
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