Home  Issuers' Corner  Press Releases
CLOSE

Press Releases

company search
all press releases
all Novolipetsk Steel press releases

Novolipetsk Steel

October 15, 2015

3Q and 9M NLMK Group trading update

NLMK Group is pleased to announce its Q3 2015 and 9M 2015 operating results.

In January - September 2015, NLMK Group increased production by 2% yoy and sales by 7% yoy. Capacity utilization rates for core steelmaking operations was close to 100%.

9M 2015 highlights:

• 9M 2015 crude steel output increased to 12.01 m t (+2% yoy), which corresponds to a 94% Group capacity utilization rate.
• Increased productivity as a result of operational efficiency programmes allowed surpassing last year’s record crude steel output.
• Group sales increased to 12.05 m t (+7% yoy) driven by growth of shipments to international markets (+17% yoy).
Q3 2015 highlights:
• Q3 2015 steelmaking utilization rates of the Group were 93% (-1 p.p. qoq), including 100% at the Lipetsk site.
• Group crude steel output was stable at 4.09 m t.
• Group sales increased to 4.08 m t (+2% qoq) due to higher finished product shipments (2.73 m t; +6% qoq) while semi-finished product sales declined by 5% qoq.
• Sales to the Russian market went up to 1.73 m t (+12% qoq) on the back of favourable demand for flat steel, which share in total sales increased to 53% (+4 p.p. qoq).

Media contact info:
Sergey Babichenko
+7 (916) 824 6743
babichenko_sy@nlmk.com
IR contact info:
Sergey Takhiev
+7 (495) 915 1575
st@nlmk.com

NLMK_Trading_Update_3Q2015

NLMK_Operating_Results_3Q2015

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer