slabs

Imports of Russian products to the country in February 2023 fell by 62.6% y/y

At the first stage, the plant plans to increase production from the current 2.85 million tons per year to 3 million tons per year

The decline in export sales was less than the markets had expected

Quotations of slabs in the ports of the Black Sea for the week of February 10-17 increased by $10/t, and in Japan – remained at the level of $630/t

The agency should review the rejection of 58 requests for exemption from steel import duties

The rolling market is undergoing significant changes under the conditions of European sanctions

Russia's NLMK is also looking for alternative suppliers for European assets

Imports fell by 17.3% compared to July 2022

European companies and third countries cannot ensure stable supplies of semi-finished products, according to rolled steel producers

The slabs were not included in the fourth EU sanctions package adopted in March 2022

The company announced the signing an agreement with CSP shareholders, and the closing of the transaction is scheduled for the end of 2022

The Group is going to buy necessary products on the open market due to the loss of 30-40% metallurgical capacities in Ukraine