21
Oct
12:50
NLMK's third-quarter earnings rise despite lower sales, output
NLMK's third-quarter earnings continued to growth significantly, despite lower sales volumes. Lower steel output in August caused by the oxygen supply infrastructure incident and the subsequent month-long repair was offset by steel price growth in Q3, the steelmaker says.
But consumption started to slow down in Q3, further exacerbated by supply chain disruptions caused by a shortage of shipping vessels and electronic components. EU third-quarter cons…
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Anonymous
Very good overview of the weekly steel market.
Anonymous