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Fire Halts Hot Rolling Mill of NLMK La Louviere in Belgium

Fire Halts Hot Rolling Mill of NLMK La Louviere in Belgium
steelguru.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from steelguru.com Daily Mail and Mail on Sunday newspapers.

Waals Gewest , La Louviere , Belgium Holdings , Group Strategy , Europe Flat Products Division , Steel Center , Europe Plates Division , Flat Products Division , Plates Division , லா லூவியர் , பெல்ஜியம் ஹோல்டிங்ஸ் , குழு மூலோபாயம் , எஃகு மையம் ,

NLMK sees Q1 sales boost amid robust demand, recovering economies


Novolipetsk Steel (NLMK) reported a 4.1% year-over-year rise in its Q1 crude steel production.
The jump came partly due to completion of maintenance on its long products facility at the Lipetsk site.
Stop obsessing about the actual forecasted steel price. It’s more important to spot the trend. See why.
NLMK output rises in Q1
The group tapped 4.37 million metric tons of liquid steel in Q1 2021. Meanwhile, it tapped just over 4.21 million metric tons in Q1 2020, NLMK said.
Crude production rose 12.1% quarter on quarter, however, from 3.9 million metric tons.
Average capacity utilization across all of NLMK’s hot ends in Russia, Italy and the United States averaged 94.5% in Q1. The figure is unchanged from the previous quarter and year over year, the group indicated. ....

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Investegate |Novolipetsk Steel Announcements | Novolipetsk Steel: Q4 2020 AND 12M 2020 NLMK GROUP TRADING UPDATE


Q4 2020 performance
Steel output decreased to 0.7 m t (-10% qoq) (Appendix 9) amid routine repairs during a slow season. Year-on-year, output grew by 17% due to increased orders for billet production.
Sales decreased to 0.7 m t (-15% qoq), following the decrease in production. Upgrades and repairs at rolling operations were synched with similar works at NLMK s steelmaking facilities. Year-on-year, sales grew by 1% amid higher export sales of billets (Appendix 4). The share of finished products in total sales was 86% (-3 p.p. qoq, -14 p.p. yoy).  Finished product sales went down by 18% qoq to 0.6 m t. Year-on year, sales decreased by 13% due to the high baseline of Q4 2019, when substantial volumes of finished product warehouse stocks were sold. ....

Black Sea , Oceans General , United States , Lipetskaya Oblast , Waals Gewest , Maria Simonova , Dmitriy Kolomytsyn , Belgium Holdings , Mining Division , Group European , Group Trading , Russian Long Products , Strip Mill , North America , Flat Products , Long Products , Investegate Announcements , Investegate Company Announcements , Novolipetsk Steel , Regulatory News Service , Regulatory News Service And , கருப்பு கடல் , பெருங்கடல்கள் ஜநரல் , ஒன்றுபட்டது மாநிலங்களில் , பெல்ஜியம் ஹோல்டிங்ஸ் , சுரங்க பிரிவு ,