The Ukrainian Metal

Russia: NLMK to raise steel production in Q3 2018

Russian steelmaker Novolipetsk Steel (NLMK) plans to raise production in July-September as compared with April-June, the company said in a presentation.

Operating results of Russian facilities of NLMK are traditionally strong in July-September, which should improve financial results of the company, NLMK said.

The company’s steel production rose by 1% QoQ, to 4.381 million tons in April-June, with loading of capacities of the company up to 99% from 98%. (Prime/Ukrainian metal)

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