Earnings Report /
Russia

Novolipetsk Steel: 3Q21 trading update – Sales volumes drop 4% q/q; Neutral

  • NLMK announced its 3Q21 trading update

  • Crude steel production at the group level decreased by 15% q/q to 3.9 mn t

  • In 3Q21 NLMK’s capacity utilization rate was 87%, having reached 97% in September, after the repairs were finished

Boris Krasnozhenov
Boris Krasnozhenov

Head of Research (Managing Director)

Yulia Tolstykh
Yulia Tolstykh

Analyst, Metals & Mining

Alfa
13 October 2021
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