 |
NLMKAuthor: nlmkonair
Welcome to NLMK corporate news podcast! We created this opportunity to provide you an alternative and easy to use way to stay informed about NLMK and its performance. By subscribing to our podcasts you will be able to track recent developments in the company and the wider sector. Apart from the audio versions of the key releases that companys publishes on its web-site, you may download the management answers to the questions coming from the investment community. If you need to get additional information or have questions that are not answered in present or past podcasts, pls visit our corporate WEB-site at or contact us directly by e-mail and our IR team will be happy to assist you. Thank you and welcome! Language: ru-ru Genres: Business, Business News, News Contact email: Get it Feed URL: Get it iTunes ID: Get it |
Listen Now...
ENG: Q3 2012 Trading Update of NLMK (11)
Thursday, 18 October, 2012
In Q3, NLMK Group sales remained stable at 3.8 million tonnes (+0.2% q-o-q). NLMK grew its finished product sales in the domestic market to 1.283 million tonnes (+5% q-o-q), capitalising on demand from its key consumers, i.e. Russian construction and machine-building sectors. The share of domestic sales increased to 34% (+2 p.p.). As demand for flat steel in the export markets weakened, NLMK grew its slabs sales as these enjoyed stable demand. In 9M 2012, NLMK Group produced 11.2 million tonnes of steel, up 24% y-o-y. Around 95% of all steel was produced domestically. Outlook In Q4, the Groups steel production is expected to remain unchanged at 3.8 million tonnes. NLMK Group confirms its previously announced steel production forecast for 12M 2012 at 15 million tonnes.
