Steel Mills
August 4, 2016
NLMK USA Sales Grow 11% in Q2
Written by Sandy Williams
NLMK USA flat steel product sales grew by 11 percent in second quarter 2016. Sales for the first half of 2016 were up 9 percent to 1 million tonnes (1.2 million net tons). One hundred percent of NLMK USA products are sold domestically to the processing, pipe, and automotive industries.
North American sales for second quarter totaled $360 million compared to $283 million in Q1. Sale volume was 621,000 tonnes (684,523 million net tons), up from 603,000 tonnes (664,693 net tons) the previous quarter. North America revenue was $360 million.
