Russia's new steel production and sales increased year on year

Russia's new steel production and sales increased year on year

Russia's new steel production and sales increased year on year

In 2017, the crude steel capacity utilization rate of Russia's Neo-Lipetsk Steel Group (NLMK) increased by 3 percentage points to 98%.The output of crude steel increased slightly by 2.6% YoY to 17.08m tonnes. The output of commercial slab increased slightly by 2.6% YoY to 6.73m tonnes, while the output of sheet metal increased 5.3% YoY to 8.51mt. The output of long products increased slightly by 1.7% YoY to 1.95m tonnes.

From 2017 full year, Russia's new steel sales of 16.47 million tons, a slight increase of 3.4%. Among them, the sales of slab slumped 3.0% YoY to 4.6m tonnes, plate sales increased 5.9% YoY to 8.49m tonnes, while the sales of longs edged up 3.7% YoY to 2.28m tonnes, while the sales of finished steel decreased further to 65.5% , Semi-finished steel sales increased to 34.5%.


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