Steel Mills
April 19, 2016
NLMK USA Production Returning to Normal
Written by Sandy Williams
NLMK USA crude steel production of 160,000 tonnes was a 94 percent increase quarter over quarter and a 68 percent increase year over year. The jump in production was due to the re-launch of steelmaking at NLMK Indiana after repairs at the end of 2015 as well as from improved steel demand. Capacity utilization improved to 82 percent in Q1 2016.
NLMK USA sales saw a 31 percent increase q/q to 470,000 tonnes driven by stronger demand from the construction and automotive industries.
