Novolipetsk Steel (NLMK) has become the countrys largest
The company produced 13.99
million tonnes of crude steel at its Russian facilities last
year, up 24.5 percent from 2011, while total crude steel output
of 14.92 million was up 25 percent.
The Lipetsk, Russia-based
company, which previously ranked as Russias
fourth-largest producer, displaced Evraz Holding OOO as the
countrys top steelmaker. NLMK invested $2 billion in 2011
to increase its domestic capacity by 3.4 million tonnes per
amm.com, March 27).
Magnitogorsk Iron & Steel
Works (MMK) of Magnitogorsk, Russia, is now the countrys
second-largest steelmaker, producing 12.25 million tonnes of
crude steel last year, up 4.5 percent from 2011.
Moscow-based Evraz fell to third
place, producing 11.68 million tonnes of crude steel
domestically, a 4-percent decline from 2011.
Cherepovets, Russia-based OAO
Severstal slipped to fourth place, with domestic crude steel
output falling 7 percent to 10.55 million tonnes in 2012.
A version of this article was first published by AMM sister
publication Steel First.