print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  Novolipetsk Steel REGISTER LOG IN

Press Releases > Novolipetsk Steel  all about the company

company search
all press releases
all Novolipetsk Steel press releases

Novolipetsk Steel

April 15, 2020

Q1 2020 NLMK Group Trading update

NLMK Group (LSE: NLMK, MOEX: NLMK) increased its steel output by 11% qoq to 4.2 m t, following the completion of the first stage of major repairs at NLMK Lipetsk BF and BOF operations. NLMK Group sales grew by 8% qoq to 4.5 m t.*

Q1 2020 highlights:

  • Steel output increased by 11% qoq to 4.2 m t due to the completion of major repairs at NLMK Lipetsk BF and BOF operations in Q4 2019. Steel output was up by 1% yoy.
  • Sales grew by 8% qoq to 4.5 m t, due to the increase in the sales of both semi-finished and HVA products. Sales were down by 2% yoy due to a high base that was associated with the sale of previously accumulated stocks at the beginning of 2019.
  • Sales to home markets grew by 4% qoq to 3 m t, driven by the growth in the sale of semis used for manufacturing oil and gas pipes in Russia. Group sales to home markets accounted for 68% (-1 p.p. qoq) of total sales.
  • Sales on export markets totalled 1.4 m t (+7% qoq) amid higher sales volumes of finished HVA products to Turkey and the EU.

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