Political instability in the Ukraine gives chance to Russian metallurgists to improve the situation in the domestic sector

The net profit of NLMK under US GAAP in H1, 2014 increased 4.6 times and made up $332 million, is said in a statement of the company, published on the web site of the London Stock Exchange.

The analyst of the investment company “Veles-capital” A.Khalikov: “The revenue of NLMK is up by 6% quarter-on-quarter up to $2.808 billion. The increase of the revenue is because of the growth in prices on rolled steel and flat products in Russia by 5-15% in dollar equivalent. The improvement of the pricing environment on the domestic market is due to seasonal increase of building activity together with the reduction of steel products supply from the Ukraine.”