In Q1 NLMK Group sales grew by 1% QoQ, to 3.7 million tons.
Steel output totaled 4.2 million tons (flat QoQ), with facilities running at 96% capacity.
Finished product sales increased by 7%, to 2.44 million tons, down by 5% YoY, driven by the growth in flat product sales from the Lipetsk site to export markets and a high level of demand in NLMK USA and NBH sales markets.
Share of product sales by the group companies in regions where products are manufactured totaled 63% (-2% QoQ, but up by 1% YoY) due to the seasonal drop in sales in Russia by 26% QoQ (by 35% YoY).
Share of sales to third parties in markets external to countries where products are manufactured totaled 37% (up by 2% QoQ and down by 1% YoY). (NLMK/Ukrainian metal)
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