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

摘要

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 rebound in business activity in Russia after the slowdown during Covid-19 pandemic restrictions.