NLMK USA’s coated steel sales drop sharply in 2d qtr.

Jul 18, 2013 | 12:43 PM | Anne Riley

Tags  NLMK USA, steel, sheet, hot-rolled sheet, cold-rolled sheet, galvanized sheet, Anne Riley

NEW YORK — NLMK USA’s galvanized steel sales fell sharply in the second quarter after the steelmaker idled one of its galvanizing lines in Sharon, Pa., amid weakening demand.

The Portage, Ind.-based steelmaker, a division of Russia’s NLMK Group, reported galvanized steel sales of 51,000 tonnes in the second quarter, down 39.2 percent from the first quarter and off 50.3 percent vs. the same quarter....

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