NLMK enlarges own sort rolling capacities for maintenance of its share in the market

M. Gerasimova, the director of the sales department of NLMK-Sort has characterized the state of the Russian sort steel market, at the conference ‘Reinforcement and sort steel: the Russian market configuration 2014’ in Moscow. Visible sort steel consumption in the construction sector was 14.4 million tons. By 2014, it can reach 14.7 million tons. Reinforcement steel consumption increased by 6.7% versus 2007 that was the highest result in Russian consumption. The share of imports at the reinforcement steel market declines after the launch of the new rolling capacities in Russia. It was especially large in Q1 2014 when the participants of the market noticed stabilization in consumption and demand at the internal reinforcement steel market. Prices can slowly restore at the background of stabilization of demand.