Operational results of NLMK Group for Q4 and 12 months 2015
Edited by Rhod Mackenzie / 2016-01-19 12:11:15
Metals and mining Russia Russia mineral extraction Novolipetsk Steel NLMK Russia Metals and Mining Iron ore Steel
NLMK Group announces of its Q4 and 2015 results.
The sales of the group in 2015 grew by 5% to the record 15.9 mln tons. Steel production became stable at the level of 15.9 mln tons. The loading of capacities exceeded 90%.
Key results for 12 months 2015:
-Steel production in 2015 stayed at a stable level of 15.9 mln tons.
-In 2015 due to the successful realization of operational efficiency rise programs, steel production at the Lipetsk site rose by 3% y-o-y to the record 12.87 mln tons.
-A record concentrate volume was produced at the Smolensk GOK – 15.2 mln tons, +2% y-o-y.
-Loading of steel making capacities of the group made up 93% (-3% y-o-y), including at the Lipetsk site – 100%.
