NLMK Group rose sales on the Russian market

In 2014 NLMK Group grew sales by 3.2% up 15.9 million tons, the key growth factors being the increase in production at NLMK Kaluga (by a factor of 2.7 y-o-y) and the increase in steelmaking equipment productivity at the Lipetsk site.

Group steel product sales increased by 2.0% up 15.1 million tons, driven by the growth in long product sales on the back of increased utilization rates at NLMK Kaluga and higher export deliveries of semi-products.

Sales to the Russian market were up by 13.5% to 6.6 million tons, mainly on the back of the increase in long product sales. Russian sales accounted for 43% of total sales, a 4 p.p. gain on last year’s level. Export sales by NLMK Group’s Russian companies were up by 8.9% to 6.2 million tons, accounting for 41% of total sales, mainly on the back of the growth in slab and pig iron sales.