17
Jul
18:51
NLMK USA sees sales, headcount drop in Q2
NLMK USA saw a dip in second-quarter sales due to the wider erosion of domestic steel prices, though tariff pressure is also affecting the company’s operations, Kallanish reports.
NLMK USA saw its sales fall by -3% on quarter and -8% on year in Q2, “...due to lower deliveries of hot-rolled steel amid an anticipated further drop in prices,” the company says.
NLMK USA laid off 80-100 production members at its Farrell, Pennsylvania, facility in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous