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

    Crude capacity utilization of NLMK in Russia increased 3% YoY to 98% in 2017, mainly due to the increased production efficiency of Lipetsk Steel Works and the demand for steel products in Russia's domestic and overseas markets Growth drives capacity utilization growth;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 4.6mt, while sales of flat products increased 5.9% YoY to 8.49mt.


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