In Q2, NLMK increased revenue by 1.6%
Edited by Rhod Mackenzie / 2013-07-23 10:10:54
NLMK has made public its financial results, and the financial results of its subsidiaries for Q2 2013 under the Russian Accounting Standards.
NLMK JSC
In Q2, NLMK increased revenue by 1.6% versus Q1, mostly because of an improvement in the sales structure; the growth in ready products sales was 4%, including growth in sales of products with high added value by 5%. Total realization slightly declined, by 9% in slabs sales and by 60% in cast iron sales. Revenue declined by 9.4% versus Q2 2012 due to the decline in the metal products price.
