Steel Mills
January 26, 2015
NLMK USA Rolled Steel Production Up 11.4% in 2014
Written by Sandy Williams
Fourth quarter crude steel production at NLMK Indiana decreased 7.6 percent to 162,000 tonnes (178,571 tons) quarter over quarter and was down 1.3 percent year over year. Steel mill capacity was running at 84 percent during Q4.
Rolled steel output totaled 483,000 tonnes (532,407 tons), dropping 9 percent sequentially. Decreased sales of hot and cold rolled steel (down 12.5 percent and 17.4 percent q/q, respectively) were partially offset by an 18.7 percent quarterly gain in galvanized steel sales. Year over year sales of rolled steel increased 7.6 percent due to improved market conditions in the U.S.
