Russian steelmaker NLMK said Friday that its fourth-quarter steel production rose 1% year-on-year to 4.4 million tonnes.
In the fourth quarter, consolidated steel sales were up 6 percent year-on-year to 4.6 million tonnes, boosted by stronger overseas sales of steel slabs and pig iron.
Steel sales over the past year renewed their historic highs again and reached 17.3 million tonnes. However, it should be noted that in 2018, steel capacity utilization was 99%. Therefore, NLMK is not expected to increase steel production in 2019.
Iron ore concentrate production up to 2020 retains the potential for a further increase in production, as NLMK plans to invest 15 billion rubles. Stoilensky GOK, which will increase the production of iron ore from 17.5 million to 20 million tons per year.
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- 11 July 2025
20:00 Subscribers in the comments to the previous post write 18:00 We finalize the Innoprom 2025 info -led the results of the environmental strategy of the MMK group 18:00 The best welders of the Severstal Steel Solutions Group of companies competed among themselves in a professional skills competition! 16:00 In recent years, China has been striving to restrain “blind expansion” in the industry 16:00 Our colleagues, employees of the company from various structural divisions, visited the industrial site of MMK PJSC 16:00 For the first time on the stage of Cherepovets, the artists of the Bolshoi Theater 15:00 HTTPS://VVV. Riversft.ru/vp-content/pulods/2025/07/ro-Digital-Teh-Russia-10_07_2025.PDF 14:00 The court granted the claim of the Prosecutor General's Office to seize the shares of Yuzhuralzolot
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