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NLMK Belgium Holdings performance in Q1 of 2019

Steel News - Published on Fri, 19 Apr 2019

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NLMK Belgium Holdings sales in Q1 of 2019 decreased by 5% QoQ to 0.51 million tonne (-20% YoY) resulting from plate and ingot sales decline by 17% QoQ to 0.15 million tonne caused in turn by low capacity utilization at NLMK Clabecq due to the strike. Weaker demand from automotive industry also influenced the year-on-year sales trends.

Sales of strip increased 1% QoQ to 0.37 million tonne (-13% YoY) mainly

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Posted By : Rabi Wangkhem on Fri, 19 Apr 2019
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