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22 October 2018

VIZ Steel enjoys 9% increase in output and sales in 9M 2018

The leading global producer of GOES - VIZ Steel (NLMK Group) - has increased the output for the period from January to September 2018 vs. the equivalent period in 2017 on 9% (up to 128 kt), at that, the capacity utilization made up 100%.

Sales volumes of the GOES vs. the equivalent period in 2017 increased on 9% to make up 127 kt. The positive dynamics are caused by improvement of the global demand on GOES.
80% of the total sales volumes were export sales. Over 90% of the shipments were made within the frames of the long-term contracts. The key customers countries were India, European countries, the Middle East and North America.