Russia: NLMK crude steel output decreases 8% q-o-q in Q2 CY’20

NLMK Group – Russia’s leading steelmaker, reported 3.9 mn t crude steel output in the second quarter of CY’20, a decrease of 8% q-o-q and 3% y-o-y due to weak demand caused by pandemic. The company’s total crude steel output in H1 CY20 (Jan-Jun’20) was recorded at 8.1 mn t, down by 1% y-o-y.