Steel Mills

NLMK USA Output and Sales Increase in Q1

Written by Sandy Williams

NLMK USA steel output increased by 53 percent quarter-over-quarter in Q1 2017 to 180,000 tonnes and by 15 percent year-over year.

Flat steel output rose 27 percent q/q to 530,000 tonnes (up 16 percent y/y) due to strong demand in the United States. Sales were up 33 percent from last quarter to 560,000 tonnes driven by growing demand in the OCTG and construction sectors.

Slab deliveries to NLMK USA from NLMK Lipetsk increased 37 percent q/q to 390,000 tonnes. First quarter slab deliveries on a year-over-year basis were up 146 percent.

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