Russia’s NLMK says Q3 steel output up 8 pct y/y

Russia’s largest steel producer NLMK said on Monday its third-quarter output rose 8 percent from the same period a year ago to 4.4 million tonnes. The steelmaker, controlled by Russian billionaire Vladimir Lisin, also said its third-quarter group sales rose by 1 percent both year-on-year and quarter-on-quarter to 4.2 million tonnes. Source: Reuters Pipe Industry Co., Limited (www.wilsonpipeline.com)

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