NLMK Group Q4 2012 and 2012 Trading Update
OREANDA-NEWS. January 30, 2013. Despite the tough conditions in the global steel markets, in 2012 NLMK Group demonstrated high operational efficiency. Steel production grew 25% to 14.9 million tonnes, with Russian assets accounting for approximately 95%. Based on year-end results, NLMK became the leading steelmaker in the country – the Group’s Russian assets produced approximately 20% of all steel in Russia.
Group sales hiked 18.4% to 15.2 million tonnes, including +27% for HVA (to 5.1 million tonnes).
In Q4 NLMK Group sales totalled 3.7 million tonnes (-3% q-o-q). Responding to the slump in demand for rolled steel in the export markets, NLMK grew its sales of semi-finished products that enjoyed stable demand.
Trading update press-release (Q4 2012) - http://nlmk.com/docs/tree/trading-update-press-release-(q4-2012).pdf?sfvrsn=4
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