NLMK-Long Products sees four percent increase in 2010 sales

In 2010, NLMK-Long Products, a division of Russian steelmaker Novolipetsk Steel (NLMK), saw its production rise to 1.65 million mt - up one percent year on year, while its sales increased to 1.61 million mt - up four percent year on year, demonstrating a gradual recovery in the market underpinned by stabilization in the broader economy and growth in steel demand from the construction and infrastructure sectors.
 
Specifically, in 2010, NLMK-Long Products sold 243,000 mt of billets - up 1.7 percent, 856,000 mt of rebar - down 4.4 percent, 289,000 mt of wire rod - up 29.2 percent, and 291,000 mt of metalware - up 16.6 percent, all compared to 2009.
 
In addition, NLMK-Long Products' scrap sales in 2010 were up by 31 percent compared to 2009 to 3.16 million mt, driven by growing demand in the steel sector.
 
NLMK-Long Products division, which was consolidated in December 2009, constitutes an integrated production structure covering the entire cycle from collection and processing of ferrous scrap to manufacturing downstream steel products. NLMK-Long Products' key companies are NSMMZ and UZPS. The Kaluga EAF Mini-Mill, with a planned capacity of up to 1.5 million mt per year of long products, is currently under construction. NLMK's production structure also includes a ferrous scrap collecting and processing division, Vtorchermet NLMK, that provides raw materials for steelmaking facilities at NLMK-Long Products.