NLMK, Mechel and MMK to look better than the market

The information unit of Finam.ru (a part of the investment holding company FINAM) has held an online conference "Metallurgical Sector: it’s time to pick up the depreciating shares". Its participants don’t expect the quality improvement of the situation in the Russian metallurgic industry, predicted major steel producers will maintain weak financial rates in the current year. At the same time, analysts advise investors to pay attention to the shares of metallurgists that have a low debt burden.

The difficult conditions at world raw materials platforms negatively influences the market capitalization of Russian metallurgists – according to analysts, from the beginning of the year their shares became cheaper by 25-55% on the average. According to participants of the conference, the complicated situation in the metallurgy will be maintained in the last six months of the current year.