Group NLMK (LSE: NLMK, MOEX: NLMK) announces operational results for Q4 and
2019*. Steel production rose 1% QoQ to 3.8 million tons after the completion of capital repairs in the blast furnace and steel production NLMK. The Group's sales grew by 4% QoQ to 4.2 million tonnes.

Key indicators 12 months. 2019:

• steel Production decreased by 10% yoy to 15.7 mln t in connection with the carrying out of major repairs of blast and steel production NLMK. Sales dropped to 17.1 million tonnes (-3% yoy) with the decline of production.


• Selling on the local markets increased to 11.4 million tonnes (+7% yoy) amid rising demand for finished flat rolled and rebar in Russia. Russia's share of total Group sales amounted to 39% (+6 p. p. yoy).


• Sales to export markets decreased by 15% y/y to 5.8 million tonnes due to the reduction in the supply of billets, and lower sales of cast iron on the background of the overhauls the company.




Key indicators Q4 2019:










• steel Production increased 1% QoQ to 3.8 million t due to production growth in connection with the completion of capital repairs of the blast and Converter production of NLMK. Steel production compared to Q4 2018 was lower by 13%.


• sales rose 4% QoQ to 4.2 million tonnes due to the increase in sales of cast iron.


• Sales in local markets rose by +1% q/q to 2.9 million tons due to growth in sales of hot-rolled and long products in Russia. The share of Group sales in the Russian market amounted to 43% (+1 p. p. QoQ).


• Sales in export markets amounted to 1.3 million tonnes (+2% QoQ) amid the redirection of supplies slabs to NBH.




pdf
777.11 KB
NLMK_Trading_Update_4Q_2019 RUS.pdf


xlsx
132.63 KB
NLMK_Operating_Results_4Q_2019 RUS.xlsx

Полная версия