AT A GLANCE: NLMK raises Q3 sales to home markets, cut exports

A summary of the operational results for Russia’s largest steelmaker, Novolipetsk Steel (NLMK), which also has assets in Europe and the United States, for the third quarter (July-September) of 2020.

In brief

In the third quarter, sales to domestic markets increased by 19% to 2.77 million tonnes from 2.33 million tonnes in the quarter before due to the recovery in demand for finished products in the Russian market, the company said. Exports reduced by 10% to 1.83 million tonnes from 2.02 million tonnes in the second quarter following a...

Published

Marina Shulga

October 15, 2020

10:45 GMT

Dnipro