Steel Mills
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/cd1d23f51b559663f0ecf0ccde138bf5.jpg)
NLMK USA Sales Increase in Q2
Written by Sandy Williams
July 18, 2015
NLMK USA second quarter crude steel production rose to 130,000 tonnes (143,298 tons), a 39 percent increase from the previous quarter. Finished steel output totaled 490,000 tonnes (540,123 tons), up 20 percent q/q.
USA sales in Q2 grew 12 percent q/q to 480,000 tonnes (529,100 tons). Hot rolled steel production was up 20 percent to 267,000 tonnes and galvanized steel up 17 percent to 86,000 tonnes (94,797 tons). Cold rolled sales fell 5 percent q/q to 125,000 tonnes (137,786 tons).
First half production of crude steel declined 31 percent year over year to 230,000 tonnes (253,527 tons) due to repair works at NLMK USA at the beginning of the year. Sales for H1 of 907,000 tonnes (1.07 million tons) were down 9 percent y/y due to growing competition in the US market. Demand for galvanized steel for HVA products drove sales up 5 percent y/y to 160,000 tonnes (176,366 tons)
In the earnings outlook remarks, NLMK said it expects ”flat operating results on the back of stable demand from automotive and construction sectors.”
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/sandy-williams.jpeg)
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor lowers 2024 output estimate for Brandenburg plate mill
Nucor has lowered the 2024 production estimate for its Brandenburg, Ky., plate mill due to soft market conditions.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/SSAB.png)
SSAB adjusts output in weak Q3, readies for Q4 rebound
SSAB said lower plate prices in the US were the primary reason for reduced results in the second quarter. With a dismal Q3 outlook, the Swedish steelmaker is adjusting production across its facilities. That includes moving up its annual US mill outage in anticipation of a better Q4. SSAB Americas Revenues in the Americas segment […]
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Topalian puts focus on “unfair” trade, eyes USMCA partners
Nucor’s top executive expressed concerns over unfair trade practices, highlighting increased steel imports from Mexico and Canada.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Cliffs_logo2.2.png)
Cliffs sees close of Stelco buy, bottom to steel tags, and Mexico out of USMCA
Cleveland-Cliffs expects its acquisition of Canada’s Stelco to close later this year, which will help the the Cleveland-based steelmaker as a bottom to steel tags nears.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor posts lower Q2 earnings, predicts tough Q3 too
Nucor recording lower second quarter earnings on falling steel prices. And the Charlotte, N.C.-based predicted that profits would be lower still in the third quarter, primarily because of weaker results from its steel mills divisions.