Author: Lalita
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Russia: NLMK’s steel sales fall 7% in H1 CY’21 due to drop in exports
NLMK Group’s Q2 and H1 CY’21 steel sales highlights: Consolidated steel sales fell by 7% y-o-y to 8.23 mn t in H1, with 32% exports share (down by 7% y-o-y). Drop in sales was due to redistribution of slab supplies to NLMK USA amid strong consumption trends in the region. In Q2, steel sales were…