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Russian NLMK's iron ore production increased in Q2

According to NLMK Group's steel and iron ore report in the second quarter of 2020, the group's iron ore production increased in the second quarter of 2020.

Russian NLMK's iron ore production increased in Q2
According to NLMK Group's steel and iron ore report for the second quarter of 2020, the group's iron ore production in the second quarter of 2020 was 4.86, an increase of 5% compared to the previous quarter. million tons, of which the production of iron ore pellets increased to 1.72 million tons.
In the second quarter, iron ore sales rose 8.2% y-o-y to 4.88 million tonnes. The amount sold to third parties amounted to 450,000 tons.
Steel production in the second quarter was 3.9 million tons, but sales decreased to 4.4 million tons compared to the previous quarter.
NLMK, one of the four largest steel companies in Russia, mainly produces flat steel, semi-finished products, siliceous steel, high ductile steel and alloy steel.

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