OREANDA-NEWS. January 25, 2010. Veles Capital released daily market review:

NLMC upped steel output in 2009 by 1% to 10.6 mn tons. Novolipetsk metallurgy company upped the output of steel in 2009 by 1% versus 2008 to the level of 10.6 mn tons, states the message of the company. Earlier the company planned to output 10.5 mn tons of steel in 2009. NLMC expects the groups’ sales to form more than 1.7 bn USD in 4Q 2009, EBITDA margin is expected to be at the level 25% to 30%. So, considering the estimate within 9 months (4.325 bn USD), sales of NLMC within a year is to be at the level of 6 bn USD.