Q2 2022 highlights:

• Steel output stood at 4.4 m t (-2% qoq; -4% yoy).

• Sales reduced by -12% to 4.0 m t (-7% yoy) driven by an increase in intragroup slab supplies and a decline in demand in key markets. Finished product sales stood at 2.2 m t (-13 % qoq, -19 % yoy).

• Sales on NLMK’s “home” markets reduced by 3% qoq to 2.6 m t (-7% yoy) driven by the slow-down in demand in the Russian market.

• Export sales totalled 1.2 m t (-33 % qoq; -17 % yoy).

6M 2022 highlights:

• Steel output reached 8.9 m t (-1% yoy).

• Sales grew by 4% yoy to 8.6 m t driven by the increase in demand for semi-products in export markets in Q1 2022.

• Sales on “home” markets declined by 5% yoy to 5.2 m t.

• Sales to export markets increased by 13% yoy to 2.9 m t.

Additional Materials

Press release

pdf

908.57 KB