Author: Lalita
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NLMK Group Steel Output Down 10% and Sales by 3% Y-o-Y in CY19
NMLK – one of the leading Russian steelmakers has recently announced its Q4 and annual production results of CY19. The key highlights for results of CY19 are: 1. NMLK’s steel output decreased by 10% Y-o-Y to 15.7 MnT, due to major repairs at NLMK Lipetsk blast furnace and steelmaking operations. Sales volumes decreased by 3% to 17.1 MnT Y-o-Y,…