|
NLMK Group in Q2 2021 increased its sales by 11% qoq to 4.3 m t
supported by a 5% qoq production growth. Sales to the Russian market
increased by 8% qoq to 1.8 m t (+26% yoy).
Q2 2021 highlights:
Steel output increased by 5% qoq to 4.6 m t (+19% yoy) due to NLMK
equipment ramp-up after the overhaul.
Sales increased by 11% qoq to 4.3 m t (-1% yoy) amid an increase in
sales to the Russian market (+8% qoq; +26% yoy), as well as an
increase in the supply of slabs and pig iron to export markets.
Sales of semi-finished products to third parties increased by 57%
qoq mainly due to the shipment of slabs; sales of finished products
increased by 1% qoq to 2.7 m t (+12% yoy) amid a recovery in demand
in key markets.
Sales in the ‘home’ markets totalled 2.8 m t (+1% qoq; +19% yoy).
Sales in export markets increased by 20% qoq to 1.4 m t (-30% yoy).
6M 2021 highlights:
Steel output increased by 11% yoy to 9 m t.
Sales totalled 8.2 m t (-7% yoy) with an increase in slab shipments
to NLMK USA amid a strong consumption trend in the region.
Sales in the ‘home’ markets increased by 3% yoy to 5.5 m t, mainly
due to shipments to the Russian market (+9% yoy).
Sales in export markets decreased by 23% yoy to 2.6 m t due to the
high base effect. Volumes in H1 2020 were redistributed in favour of
exports due to weak demand in Russia during quarantine restrictions.
KEY OPERATING DATA
NLMK Group
|
Production, m t |
Q2 2021 |
Q1 2021 |
Q2 2020 |
QoQ |
YoY |
|
Crude steel production (without NBH) |
4.523 |
4.307 |
3.809 |
5% |
19% |
|
Crude steel production (with NBH) |
4.582 |
4.365 |
3.855 |
5% |
19% |
|
Capacity utilization (with NBH) |
96% |
95% |
91% |
1% |
5% |
|
Sales, m t |
|
|
|
|
|
|
Semi-finished steel |
1.609 |
1.217 |
1.928 |
32% |
-17% |
|
Finished steel |
2.720 |
2.690 |
2.424 |
1% |
12% |
|
Flat |
2.041 |
2.056 |
1.946 |
-1% |
5% |
|
Longs and metalware |
0.679 |
0.635 |
0.478 |
7% |
42% |
|
Total consolidated sales |
4.329 |
3.908 |
4.352 |
11% |
-1% |
|
Sales to local markets of the Group |
66% |
70% |
53% |
-4% |
13% |
|
Sales to external markets |
34% |
30% |
47% |
4% |
-13% |
|
For information: slab sales to subsidiaries and affiliates |
1.130 |
0.911 |
0.598 |
24% |
89% |
|
Segment sales |
|
|
|
|
|
|
NLMK Russia Flat |
3.527 |
2.997 |
3.432 |
18% |
3% |
|
NLMK Russia Long |
0.818 |
0.740 |
0.594 |
11% |
38% |
|
Raw material mining and processing |
5.159 |
4.785 |
4.880 |
8% |
6% |
|
NLMK USA |
0.502 |
0.431 |
0.330 |
17% |
52% |
|
Dansteel |
0.162 |
0.174 |
0.122 |
-7% |
33% |
|
For information: NBH Sales |
0.329 |
0.495 |
0.468 |
-34% |
-30% |
SALES
|
Sales, m t |
Q2 2021 |
Q1 2021 |
Q2 2020 |
QoQ |
YoY |
|
Semi-finished |
1.609 |
1.217 |
1.928 |
32% |
-17% |
|
Pig iron |
0.133 |
0.030 |
0.368 |
343% |
-64% |
|
Slabs |
1.337 |
1.082 |
1.445 |
23% |
-7% |
|
Billet |
0.139 |
0.105 |
0.116 |
33% |
20% |
|
Flat steel |
2.041 |
2.056 |
1.946 |
-1% |
5% |
|
Plate |
0.163 |
0.175 |
0.122 |
-7% |
33% |
|
Hot-rolled steel |
0.904 |
0.957 |
0.904 |
-6% |
0% |
|
Cold-rolled steel |
0.406 |
0.431 |
0.405 |
-6% |
0% |
|
Galvanized steel |
0.334 |
0.279 |
0.292 |
20% |
14% |
|
Pre-painted steel |
0.096 |
0.081 |
0.096 |
20% |
0% |
|
Transformer steel |
0.077 |
0.067 |
0.065 |
15% |
18% |
|
Dynamo steel |
0.062 |
0.065 |
0.062 |
-4% |
1% |
|
Long products |
0.679 |
0.635 |
0.478 |
7% |
42% |
|
Long |
0.599 |
0.572 |
0.426 |
5% |
41% |
|
Metalware |
0.080 |
0.063 |
0.053 |
27% |
52% |
|
Total steel products |
4.329 |
3.908 |
4.352 |
11% |
-1% |
Source from NLMK |
(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932 18616060095) |
