NLMK Group quadruples its net profit in Q2 compared to Q1

The net profit of Russian steelmaker Novolipetsk Steel (NLMK) Group increased fourfold in Q2 this year compared to Q1, rising to Ruble 28.06 billion ($0.996 billion).

In January-June of this year, NLMK Group increased its net profit by 144 percent compared to the same period last year, to Ruble 35.026 billion ($1.243 billion).