Russia: NLMK to keep rebars market share

In 2018 NLMK Bars Division increased sales by 11% YoY. Demand growth was expected at 1-2%, but actually totaled 5.6%. The group enterprises supplied 1.8 million tons of rebars and 763 thousand tons of steel billets to the domestic market. This year NLMK Bars Division intends to retain its share of the rebars market on…

Russia: metal output in Q1 2019

In January-March, Russia produced 15.2 million tons of rolled metal, up by 0.7% YoY. In March output grew by 3% MoM, but dropped by 5% YoY. According to the Federal Service of State Statistics, pig iron manufacture decreased by 1%, to 12.9 million tons, with March results down by 5.4% YoY, but up by 1%…