Home  Issuers' Corner  Press Releases
CLOSE

Press Releases

company search
all press releases
all Novolipetsk Steel press releases

Novolipetsk Steel

April 15, 2015

Q1 2015 NLMK Group Trading Update

NLMK Group is pleased to announce its Q1 2015 Trading Update.
Key highlights:

• Q1’15 steelmaking utilization rates of the Group were 96%, including 100% at the Lipetsk site.
• Q1’15 Group’s steel output was 3.87 mln t (-6% qoq). Q2’15 steel output will grow, offsetting the Q1 decline driven by scheduled maintenance works at NLMK USA and the Lipetsk plant.
• Growth in Q1’15 sales of 3% qoq to 3.96 mln t was supported by stable demand in the international markets.
• International sales (ex. Russia) increased by 13% qoq to 2.55 mln t; their share in the sales mix sequentially increased from 59% to 64%.
Outlook: Q2’15 operating results are expected to grow driven, among other factors, by the seasonally improved buying activity in the Russian market.
Investor Relations contacts:
Sergey Takhiev
+7 (985) 760 55 74
tahiev_sa@nlmk.com
Media contacts:
Sergey Babichenko
+7 (916) 824 6743
babichenko_sy@nlmk.com

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer