Russia: NLMK to increase exports

Novolipetsk Iron and Steel Works plans to increase sales of rolled metal for construction in 2016 by 20% YoY. “The increase will be reached due to opening new markets”, finance vice-president and section director Grigory Fedorishin said. “In 2015 demand for rolled metal for construction dropped by 17%, and this year we have lost 10-15%…

Russia: NLMK sales up in Q3 2016

In January-September NLMK produced 12.3 million tons of steel, up by 2% YoY. Capacity loading increased by 1%, to 95%. Sales totaled 12.29 million tons, up by 2% YoY, including 4.36 million tons of semi-finished products, up by 1%, and 7.92 million tons of finished products, up by 3%, in particular 6.26 million tons of…