NLMK upbeat on steel demand, prices

Aug 07, 2014 | 06:15 PM | Michael Cowden

Tags  Novolipetsk Steel, NLMK, NLMK USA, NLMK Europe, NLMK Belgium Holdings, NBH, earnings report, steel steel prices

CHICAGO — Novolipetsk Steel (NLMK) expects U.S. steel demand to remain strong and prices to be "relatively stable" in the third quarter, it said in commentary released with earnings data.

The Lipetsk, Russia-based steelmaker, whose international operations include NLMK USA, said the mostly positive outlook comes on the heels of a second quarter that saw increases in steel demand and prices in North America.....

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