Russia: NLMK sales up in 2018

In 2018, demand for steel continued to recover, coupled with a rise in protectionism in key markets. “In this context, NLMK Group’s flexible business model that helped it secure its presence in key sales markets, enabled the company to grow its sales by 7% YoY, or by 1.1 million tons, to 17.6 million tons, hitting…

Russia: 2018 NLMK Group Trading update

In 2018, NLMK Group sales grew to 17.6 million tons, by 7% YoY. Steel output grew by 2%, to 17.5 million tons. Steel capacity utilization rate was 99%. Sales grew driven by growth of demand on key sales markets. Sales growth was supported by a +20%YoY increase of semi-finished product sales, to 6.8 million tons.…

Russia: NLMK to award scholarships to best MISIS students

NLMK Group, an international steel company, will establish personalized scholarships for the best students of MISIS National University of Science and Technology, and increase the number of on-the-job trainees from the University at its sites. NLMK and MISIS have signed a framework cooperation agreement, which will facilitate the training of qualified steelmaking professionals and contribute…