Russia: NLMK Group 2016 results

In 2016, NLMK Group steel output increased by 4% YoY to a record 16.6 million tons; sales totaled 15.9 million tons (stable YoY). Group steelmaking capacities in 2016 were running at 96%, up by 3% YoY. Q4 2016 sales totaled 3.6 million tons (down by 4% YoY); steel output grew by 8% to 4.2 million…

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