NLMK's Russia Steel Output Tops Rivals After Adding Capacity
10/19/2012 - OAO Novolipetsk Steel (NLMK), controlled by billionaire Vladimir Lisin, became the largest steelmaker in Russia after boosting domestic production by 27 percent, Bloomberg Businessweek reports.
OAO Novolipetsk Steel (NLMK), controlled by billionaire Vladimir Lisin, became the largest steelmaker in Russia after boosting domestic production by 27 percent.
Novolipetsk, or NLMK, produced 11.2 million metric tons globally in the first nine months, while Russian output rose to 10.5 million tons, Anton Bazulev, head of external relations, said by phone. This beats Evraz Plc (EVR)’s 2 percent drop to 8.9 million tons domestically, according to company statements...
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