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2 February 2018
VIZ-Steel increased production output in 2017 by 9%
In 2017, VIZ-Steel, a leading global GOES producer (subsidiary of NLMK Group) increased its production output to 161.6 kt or by 9% vs. the 2016 level.
The utilization rate remained at a high level – more than 99%.
2017 GOES sales reached 160.9 thousand tons, exceeding the result of the previous year by 5%. The upward trend was driven by the recovery of the global demand for GOES and completion of projects focused on quality improvement.
Export sales accounted for 78% in the total sales volume. The key sales markets include India, the Middle East and North America.
The utilization rate remained at a high level – more than 99%.
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