Russia’s NLMK sees performance worsening in Oct–Dec

MOSCOW, Nov 9 (PRIME) -- Russian steelmaker Novolipetsk Steel (NLMK) expects a its financial performance to worsen in October–December compared to July-September, the company said in a statement Monday.

“Lower operating and financial performance is expected in the fourth quarter as compared with the third quarter on the back of a seasonal decline in demand and weak price conditions,” the company said.

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